Koktai Technology (01478.HK): Koktai Investment plans to acquire assets of micro-drive solutions business.

Wisdom Finance APP News, Qiu Titanium Technology (01478.HK) announced that, on April 28, 2025 (after trading hours), the Board of Directors received a notification from Mr. He, the Chairman, Executive Director and controlling shareholder of the company. Qiu Titanium Investment and the seller have entered into a framework agreement regarding the acquisition of the assets business of micro drive solutions, involving the development, design, manufacturing, and sale of camera module drivers. According to the framework agreement, Qiu Titanium Investment should acquire or cause any of its designated subsidiaries or individuals to acquire the business. The seller and Qiu Titanium Investment or its designated subsidiaries or individuals will further enter into a definitive agreement to clarify the detailed terms and conditions of the acquisition.