Xingchen Technology: Intends to acquire 53.3087% equity of Furikun for 214 million yuan.

Announcement from Xingchen Technology: the company plans to acquire 53.3087% of the equity of Shanghai Furuikun Microelectronics Co., Ltd. in cash, with a transaction price of 214 million yuan. After the acquisition, Furuikun will become a subsidiary of Xingchen Technology. This transaction aims to strengthen the company's capabilities in connectivity, audio, and low power consumption, giving the company's main chip IP platform integrated competitiveness in "perception + calculation + connectivity", and creating a leading self-developed SoC IP platform in the industry.