Junseng Electronics: 645 million yuan to subscribe to subsidiary's shares, ownership percentage will increase to 39.48%

date
10/08/2026
Junsheng Electronics announced that the company is using its own funds to participate in the subscription of its subsidiary, Xiangshan Co., Ltd., for a stock issuance to specific entities. Currently, approximately 645 million yuan has been used to subscribe for 20,682,711 shares, with a lock-up period of three years. The newly issued shares will be registered on July 31, 2026, and listed on the Shenzhen Stock Exchange on August 12. After the issuance is completed, the companys shareholding will increase to 60,304,311 shares, raising its holding ratio to 39.48%, and it will remain the controlling shareholder.