Core Viewpoint - Zhengfan Technology (688596.SH) aims to enhance its core competitiveness and extend its industrial chain by acquiring a total of 62.2318% equity in Hanjing Semiconductor from five shareholders for a total price of RMB 1.1201721 billion, to be paid in cash sourced from self-owned and self-raised funds [1]. Group 1 - The company signed a share transfer agreement with SINGAREVIVAL and four other investment firms [1]. - The acquisition is part of the company's strategy to strengthen its overall market position [1]. - The total equity being acquired amounts to 62.2318% of Hanjing Semiconductor [1].