Shanghai Bright Power Semiconductor Moving to Full Ownership of Lingou Chuangxin

MT Newswires Live2025-03-12

Shanghai Bright Power Semiconductor (SHA:688368) is planning to acquire a 19.2% stake in Lingou Chuangxin for 143 million yuan.

The move will give the semiconductor manufacturer full ownership of Lingou Chuangxin, according to a Wednesday filing with the Shanghai bourse.

Shares of the company closed 3% higher Wednesday.

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