Huaqin Co., Ltd. (03296) acquires a total of 1.996 million shares of Nexchip Semiconductor Corporation (02249) H-shares.
(03296) announced that on July 23, 2026, its wholly-owned subsidiary, Huaqin Communication, acquired a total of 1.996 million H shares of Crystal Integrated (02249) through on-exchange transactions on the Hong Kong Stock Exchange, representing approximately 0.09% of Crystal Integrated's total issued share capital as of the date of this announcement, at a total consideration of approximately HK$65.77 million (excluding transaction costs), equivalent to an average price of approximately HK$32.95 per target share. Following the completion of the acquisition and as of the date of this announcement, the Group holds approximately 10.91% of Crystal Integrated's total issued share capital.
Huaqin Co., Ltd. (03296) announced that on July 23, 2026, its wholly-owned subsidiary Huaqin Communications acquired a total of 1.996 million shares of Nexchip Semiconductor Corporation (02249) H shares through on-exchange transactions on the Stock Exchange of Hong Kong Limited. The total consideration was approximately HKD 657.718 million (excluding transaction costs), equivalent to an average price of approximately HKD 32.95 per target share. Upon completion of the acquisition and as of the announcement date, the Group holds approximately 10.91% of the total issued share capital of Nexchip Semiconductor Corporation.
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