Skyworth Semiconductor (02658.HK) plans to acquire approximately 7% stake in Zhejiang Tony Electronic for RMB 400.1 million.

Zhitong Finance APP News, Tianyu Semiconductor (02658.HK) announced that on November 6, 2026, the Company entered into a share transfer agreement with Mr. Shen Xinfang, pursuant to which the Company has conditionally agreed to acquire, and the seller has conditionally agreed to sell, 16.271 million A shares of the target company, representing approximately 7% of its total issued share capital, for a total cash consideration of RMB 400.1 million, equivalent to RMB 24.59 per sale share.