FilingReader Intelligence
Vantone Development acquires majority stake in chip firm
August 10, 2025 at 12:59 PM UTC•By FilingReader AI
Vantone Development will invest 854.4 million yuan to acquire 62.98% of Beijing Shudu Information Technology, a chip design business.
The investment includes 100 million yuan in direct equity subscription, 604.7 million yuan for equity transfers, and 149.8 million yuan for equity platforms through Vantone and its subsidiary.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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SSE:600246•Shanghai Stock Exchange
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