Songjing Technology rose over 70% and received a full acquisition offer.

date
07/08/2025
Matsukage Technology resumed trading and surged, with the afternoon increase continuing to expand. As of the time of publication, it rose by 73%, reaching 0.235 Hong Kong dollars, with a trading volume of 31 million Hong Kong dollars. In terms of news, Yu Wei proposed a full offer at 0.068 Hong Kong dollars per share, involving 53.83% of the company's share capital, with a total price of 48.45 million Hong Kong dollars. This offer represents a 50.36% discount compared to the pre-suspension stock price. Yu Wei is the executive director and fund manager of Kaiyuan Zhide, focusing on the computer components and systems industry. After the offer is completed, the offeror intends to maintain the company's listing status.