Core Viewpoint - The acquisition of the remaining 49% stake in Zhuhai Noah Changtian Storage Technology Co., Ltd. by Puran Co., Ltd. aims to achieve full ownership and enhance technological and market synergies in the competitive storage chip market [1][2] Group 1: Acquisition Details - Puran Co., Ltd. plans to acquire the remaining 49% stake in Noah Changtian, making it a wholly-owned subsidiary [1] - The acquisition is intended to create deep collaboration in technology and market presence between Puran and its subsidiary SHM [1] Group 2: Company Profiles - SHM is a Hong Kong-registered semiconductor company specializing in high-performance 2D NAND and derivative storage products, with strengths in firmware algorithm development and storage chip testing solutions [1] - Puran's main products include NOR Flash, EEPROM, and MCU, while SHM focuses on SLC NAND, eMMC, and MCP, allowing for complementary product lines [1] Group 3: Market Expansion and Synergies - Puran's revenue primarily comes from the Chinese market, whereas SHM has a well-established overseas sales network covering Asia, Europe, and North America, which is expected to enhance global market penetration [2] - The integration is anticipated to shorten new product development cycles and improve product performance, enabling quicker responses to market demand changes [2] - The move signifies a new phase in the integration of Puran with Noah Changtian and SHM, aiming for strong synergies in technology, products, and global market presence [2]