Chinese language Tech Agency Jingce Digital to Absolutely Purchase Semiconductor Subsidiary in Main Reorganization
Chinese language know-how testing tools producer Wuhan Jingce Digital Group Co., Ltd. introduced Wednesday a serious asset reorganization to accumulate the remaining 41.17 p.c stake in its subsidiary, Shanghai Jingce Semiconductor Know-how Co., Ltd..
In keeping with regulatory filings launched on July 15, 2026, the Shenzhen-listed firm plans to fund the acquisition via a mix of newly issued shares, convertible company bonds, and money funds. Jingce Digital additionally intends to lift matching funds to help the transaction.
The transaction is categorized as a related-party transaction and is anticipated to represent a serious asset reorganization, although it won’t end in a backdoor itemizing. Following the disclosure of the pre-reorganization plan, buying and selling of Jingce Digital’s inventory and convertible bonds is scheduled to renew on the morning of July 16, 2026.
The 41.17 p.c stake might be bought from 13 transaction counterparties. These sellers embrace people and main funding entities, corresponding to Peng Qian, Wuhan Keyi, the Nationwide Built-in Circuit Trade Funding Fund Section II, Shanghai Qingpu Funding, and Shanghai Semiconductor Trade Funding.
The board of administrators of Jingce Digital formally accepted a number of proposals associated to the acquisition and accompanying fundraising scheme throughout its sixteenth assembly on Wednesday.
Upon completion of the transaction, Shanghai Jingce will turn into a wholly-owned subsidiary of the mum or dad firm. Jingce Digital acknowledged that the acquisition is designed to enhance the standard of the listed firm’s belongings, improve enterprise synergies, and sharpen its total market competitiveness. The acquisition will permit the agency to additional focus its enterprise on the semiconductor sector whereas leaving its major enterprise scope unchanged.
