Tech Semiconductors halts trading amid control change plans

Tech Semiconductors [SZSE:300046] announced a trading halt effective June 13, 2025, as its controlling shareholder, Xiangyang Xinyiyuan Semiconductor, and actual controller, Xing Yan, are planning matters related to a change of control. This could result in a change of the company's actual controller. The company expects the suspension to last no more than two trading days. As of June 12, no agreements have been signed, and discussions regarding specific transaction terms are ongoing. The company will release further announcements as the situation develops, and investors are advised to exercise caution.