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DiAoWei: Plans to purchase 100% equity of Rongpai Semiconductor held by 16 shareholders including Dong Zhiwei through issuance of shares and cash payment.

Jin10 Data, October 20 - Diaowei announced that the company plans to acquire 100% equity of Rongpai Semiconductor held by 16 shareholders including Dong Zhiwei through the issuance of shares and cash payment, and to raise supporting funds. The final transaction price of the target asset will be based on the assessment results in the evaluation report and determined through negotiation among the parties involved in the transaction.

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