Reported 8 months ago
Huaxinke and Jiabang Group jointly invested 2.338 billion yuan to subscribe to the private placement of the global quartz component leader Crystal Technology, acquiring 7.47% of Crystal Technology's shares. Huaxinke became the largest single shareholder of Crystal Technology, aiming to strategically invest and cooperate in the AI, automotive, and information markets. The investment was made at a discount of 17.26% based on the subscription price compared to Crystal Technology's closing price on June 20. Huaxinke and Jiabang successfully acquired the private placement in Crystal Technology by investing 19.45 billion yuan and 3.93 billion yuan, respectively, totaling 23.38 billion yuan for a 7.47% stake in Crystal Technology.
Source: YAHOO