002185SZSE

Board of Directors' Explanation on Asset Purchases and Sales in the 12 Months Prior to This Transaction

Tianshui Huatian Technology Co., Ltd.··2 pages

✨ AI Summary

The board of Tianshui Huatians Technology Co., Ltd. confirms that there have been no asset purchases or sales within the 12 months preceding the current transaction. The company plans to acquire 100% of Huayi Microelectronics Co., Ltd. through share issuance and cash payment. This announcement complies with the regulations set forth by the China Securities Regulatory Commission regarding asset restructuring.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Board of Directors' Explanation on Asset Purchases and Sales in the 12 Months Prior to This Transaction

Tianshui Huatians Technology Co., Ltd. (hereinafter referred to as "the Company") intends to acquire 100% of Huayi Microelectronics Co., Ltd. held by 27 counterparties, including Tianshui Huayi Electronics Group Co., Ltd., Xi'an Houyi Investment Management Partnership (Limited Partnership), and Xi'an Xintianyu Platinum Enterprise Management Partnership (Limited Partnership), through the issuance of shares and cash payment, and to raise supporting funds (hereinafter referred to as "this transaction").

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.