Shaanxi Fenghuo Electronics (000561.SZ) received approval for the issuance and acquisition related matters on January 16th.

Shaanxi Fenghuo Electronics (000561.SZ) announced that the company plans to purchase 98.3950% equity of Shaanxi Changling Electronic Technology Co., Ltd. held by Shaanxi Changling Electric Co., Ltd., Shaanxi Jinchuang Investment Co., Ltd., and Shaanxi Electronic Information Group Co., Ltd. through the issuance of shares and payment of cash. The company also plans to issue shares to raise funds from up to 35 specific investors. The M&A Review Committee of the Shenzhen Stock Exchange held the 2025 2nd M&A Review Committee meeting on January 16, 2025 to review the company's application for this restructuring. The review result of this meeting is that this transaction meets the requirements for restructuring and information disclosure.