Huitong Energy (600605.SH) plans to acquire 7.43% equity of Xinghua Xin, a company mainly engaged in semiconductor photomask manufacturing.

Finance and Economics News App, Huatong Energy (600605.SH) announced that the company plans to acquire 7.43% equity of Xinghua Xin (Shaoxing) Semiconductor Technology Co., Ltd. ("Xinghua Xin") through equity transfer and capital increase, with a total transaction consideration of 195 million yuan. When the monthly delivery volume of Xinghua Xin's Phase I production line reaches the design full production level, the company plans to further increase the capital of Xinghua Xin or continue to acquire equity of Xinghua Xin at a price not higher than 2 yuan per share (including 2 yuan).