🇨🇳Thinkon Semiconductor (神工股份) subsidiary Zhongjingxin (中晶芯) plans a RMB 195 million acquisition that would make Fujian Jinggong (福建精工) wholly owned.

Thinkon Semiconductor (神工股份) disclosed that its wholly owned subsidiary Zhongjingxin (中晶芯) plans to acquire an additional 20.0002% interest in Fujian Jinggong (福建精工). The announced consideration is RMB 195 million.

Fujian Jinggong is already a controlled subsidiary of Zhongjingxin. Completion of the proposed purchase would raise Zhongjingxin’s ownership to 100%, making Fujian Jinggong a wholly owned subsidiary.

The transaction was among merger-and-acquisition updates disclosed by 13 A-share companies during the week from August 31 through September 6. The cited source describes the deal as a proposed acquisition and does not state that it has closed.

No payment schedule, valuation methodology, financing structure, closing conditions or regulatory approvals were provided in the source excerpt. The disclosed transaction therefore remains distinct from a completed transfer of ownership.