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Returns On Capital At KINGSEMI (SHSE:688037) Have Stalled
Kingsemi Co., Ltd. (688037.SH): NAURA Technology Group plans to become the company's largest Shareholder.
On March 31, Globetron reported that Kingsemi Co., Ltd. (688037.SH) announced that on March 31, 2025, the company received a letter from Zhongke Tiansheng. After public solicitation, expert review committee evaluation, negotiation, and internal decision by Zhongke Tiansheng, NAURA Technology Group was identified as the assignee for this public solicitation. NAURA Technology Group will acquire all 16,899,750 shares held by the company (accounting for 8.41% of the company's total share capital), with a transaction price of 85.71 yuan per share and a total transaction amount of 1,448,477,572.50 yuan. On March 31, 2025, Zhongke Tiansheng and NAURA Technology Group signed the agreement.
Naura Technology Buys More Stake in Kingsemi for 1.45 Billion Yuan; Naura's Shares Drop 3%
Risks Still Elevated At These Prices As KINGSEMI Co., Ltd. (SHSE:688037) Shares Dive 26%
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