Guangli Micro: Plans to Acquire 38% Equity of Yirui Chip for 30.4 Million Yuan

2026-03-23 19:14:19

Guangliwei announces that to further enhance business and management collaboration between both parties and promote the sustained and stable development of the holding subsidiary Yiruixin, the company plans to acquire a 38% stake in Yiruixin held by Meng Fanjin for a cash consideration of 30.04 million yuan. After the completion of this acquisition, Guangliwei will directly hold an 81% stake in Yiruixin, and through its wholly-owned subsidiary Shanghai Guangliwei, it will control an additional 19% stake in Yiruixin. Through direct and indirect means, the company will control 100% of Yiruixin’s equity. There will be no change in the scope of the company’s consolidated financial statements.

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