Cailian News Agency on June 2, Ziguang Guowei announced that the company intends to purchase the shares of Ziguang Shencai, Zijin Haikuan, Zijin Haiyue, Hongfeng Capital and Xinyi Investment through the issuance of shares. Liansheng 100% equity, the initial price of the underlying assets of the transaction is 18 billion yuan.
Ziguang Guowei will resume trading on June 3rd. According to the announcement, Ziguang Liansheng is a holding company and was established in 2018 for the acquisition of Linxens related assets. Its core assets Linxens is one of the world's largest manufacturers of intelligent security chip components for the design and production of smart security chip micro connectors, RFID inlays and antennas, and ultra-thin flexible LED strips.