Kaiweit: There is uncertainty in the acquisition of 100% equity of Crystal Semiconductor.
Ka Wei Te announced an abnormal movement notice, with the closing prices of the company's stock on April 7th, April 8th, and April 9th increasing by a cumulative deviation of 30% over the three consecutive trading days. As of the disclosure date of this announcement, the audit and evaluation work related to the acquisition of 100% equity of Crystal Art Semiconductor Co., Ltd. by issuing shares and paying cash has not been completed. This transaction still needs to go through several approval procedures before it can be implemented, including but not limited to re-convening the board of directors to review the transaction plan, convening a shareholders' meeting to approve the transaction plan, approval by the Shanghai Stock Exchange, and registration approval by the China Securities Regulatory Commission. There is uncertainty as to whether this transaction can pass the aforementioned approvals and ultimately be approved or registered.
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