Core Viewpoint - Jiangsu Changdian Technology Co., Ltd. announced the acquisition of 80% equity in Shengdi Semiconductor (Shanghai) Co., Ltd. for approximately $62.4 million, with the transaction approved by relevant authorities and completed by September 2024 [1] Group 1: Acquisition Details - The acquisition proposal was approved by the company in March 2024, with a total transaction price of about $62.4 million [1] - The first payment of $26.219 million was made on September 30, 2024, followed by a second payment of $20.9735 million on January 6, 2025 [1] - A supplementary agreement was signed on September 27, 2025, allowing for a reduction in the acquisition price due to adjustments in raw material procurement [1] Group 2: Payment Adjustments - On September 29, 2025, the acquisition price was reduced by $1.00356 million, leading to a third payment of $2.74044 million [1]
江苏长电科技完成晟碟半导体80%股权收购及款项支付