GZYJPCO(SH:603058) Xi Niu Cai Jing·2025-08-19 08:57Core Viewpoint - Guizhou Yongji Printing Co., Ltd. (Yongji Co., 603058.SH) announced plans to acquire control of Nanjing Tenafly Electronic Technology Co., Ltd. through a share issuance and cash payment, with a suspension of trading expected to last no more than 10 trading days starting from August 14, 2025 [1]. Company Overview - Yongji Co. specializes in the design, research and development, production, and sales of cigarette labels and other packaging printing products [3]. - Tenafly focuses on the research, production, and sales of data storage main control chips, which are applicable in consumer electronics, graphics video, automotive storage, industrial-grade, and data center fields [3]. Transaction Details - On August 13, 2025, Yongji Co. signed a Letter of Intent for Acquisition with Tenafly's actual controller, Lee Meng Kun. The agreement is preliminary and does not disclose the transaction price or specific plan, which will be determined in a formal agreement later [3][4]. - Yongji Co. plans to issue shares to no more than 35 specific investors to raise matching funds for the acquisition [1]. Previous Involvement in Semiconductor Industry - This is not Yongji Co.'s first venture into the semiconductor industry; in 2021, the company increased its investment in Shanghai Aiyuan Semiconductor Co., Ltd. However, due to changes in the external environment and slower-than-expected commercialization, Yongji Co. decided to terminate further investment in Aiyuan to control risk exposure [4].