Shanghai Silicon Industry: Plans to acquire a 46.7354% stake in Xingsheng Crystal and others.

On May 20, Jin10 reported that Hu Silicon Industry announced in the evening that the company intends to purchase 46.7354% equity of New Ascend Crystal Investment, 49.1228% equity of New Ascend Crystal Technology, and 48.7805% equity of New Ascend Crystal Intelligence held by Hai Fu Semiconductor Fund, Jingrong Investment, and other trading parties through the issuance of shares and cash payment, and raise supporting funds not exceeding 35 specific investors.

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