Core Viewpoint - Jiangfeng Electronics (300666.SZ) aims to enhance its core competitiveness and align with future trends in the semiconductor components industry by acquiring a 20.6424% stake in Beijing Kaide Quartz Co., Ltd. for RMB 590.7047 million [1][2] Group 1 - The acquisition involves Jiangfeng Electronics and its wholly-owned subsidiary, Ningbo Jiangfeng Boxin Technology Co., Ltd., acting as the executing partner in the deal [1] - The transfer includes a total of 15.4756 million shares from the transferors, which consist of Zhang Zhongshu, Wang Yumin, Zhang Kaixuan, Beijing Deyi Cheng Investment Development Center (Limited Partnership), and Beijing Yingkai Quartz Investment Development Center (Limited Partnership) [1] - Following the transaction, Jiangfeng Electronics will become the controlling shareholder of Kaide Quartz and will nominate 4 out of 7 non-independent director candidates and 3 out of 4 independent director candidates [2] Group 2 - The transferors have agreed to waive their voting rights for the remaining 14.82 million shares (19.7683% of Kaide Quartz's total share capital) until their combined shareholding falls below 5% [2] - The stock of Jiangfeng Electronics will resume trading on February 6, 2026 [2]