Suzhou Oriental Semiconductor (688261.SH) plans to acquire part of the shares of Suzhou Denglin for 10 million yuan.

Suzhou Oriental Semiconductor (688261.SH) announced that the company plans to acquire 11.73 thousand shares of Suzhou Denglin Technology Co., Ltd. (referred to as "Suzhou Denglin") held by Huoerguosi Wanmulong Equity Investment Co., Ltd. at a price of 85.2378 yuan per share, involving a transaction amount of 10 million yuan. At the same time, Mr. Gong Yi, one of the actual controllers of the company, and Xin SuZhou Industrial Park Venture Capital Co., Ltd. (referred to as "Xin SuZhou Venture Capital"), a shareholder of more than 5%, plan to acquire 35.2 thousand shares and 586.6 thousand shares of Suzhou Denglin held by Wanmulong at the same stock price, involving transaction amounts of 3 million yuan and 50 million yuan, respectively. After the completion of this transaction, the company will hold 0.2175% of Suzhou Denglin shares, Mr. Gong Yi and Xin SuZhou Venture Capital will hold 0.0652% and 4.3998% of Suzhou Denglin shares, respectively.