Shenzhen GTCOM Wireless Co., Ltd. announces it has received a decision from the State Administration for Market Regulation not to conduct further review of its acquisition of a 37.16% stake in Shenzhen HOSUN Electronics Co., Ltd. This allows the transaction to proceed, making HOSUN Electronics a controlling subsidiary. The deal is still subject to shareholder approval.
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Securities Code: 300638
Securities Abbreviation: GTCOM
Announcement No.: 2026-045
Shenzhen GTCOM Wireless Co., Ltd.
Announcement on Receiving the Decision of the State Administration for Market Regulation on Not Conducting Further Review of Operator Concentration
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
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