FilingReader Intelligence
GoerTek subsidiary provides $100m loan for Micro-LED acquisition
August 8, 2025 at 09:50 AM UTC•By FilingReader AI
GoerTek's Hong Kong subsidiary will provide up to $100 million to Haylo Labs for acquiring Plessey Semiconductors and expanding Micro-LED operations.
The five-year loan includes equity earnings rights, giving GoerTek 25% of acquisition value if Haylo or Plessey are sold or go public.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
SZSE:002241•Shenzhen Stock Exchange
News Alerts
Get instant email alerts when GoerTek publishes news
Free account required • Unsubscribe anytime