Telink Semiconductor(Shanghai) (SH:688591) Zheng Quan Zhi Xing·2025-08-22 16:24Core Viewpoint - The company is planning to issue shares and pay cash to acquire equity in Shanghai Panqi Microelectronics Co., Ltd, leading to a temporary suspension of its stock trading [1][2]. Group 1: Suspension Details - The company's stock will be suspended from trading starting August 25, 2025, for a period not exceeding 10 trading days due to the planned asset acquisition [2]. - The suspension is aimed at ensuring fair information disclosure and protecting investor interests [2]. Group 2: Transaction Overview - The acquisition involves purchasing all or part of the equity (controlling stake) of Shanghai Panqi Microelectronics Co., Ltd [3]. - Initial discussions have identified potential counterparties for the transaction, including STYLISH TECH LIMITED and Shanghai Songchi Investment Management Center [3]. - The transaction will be executed through a combination of share issuance and cash payment, with specific terms to be disclosed in future announcements [3]. Group 3: Intent and Agreements - The company has signed a preliminary equity acquisition intention agreement with major shareholders of the target company, establishing the basis for the transaction [3]. - The final transaction price will be determined based on an assessment report from a qualified evaluation agency [3].