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Jiangfeng Electronics: Plans to acquire 15.6424% of Capstone Quartz, stock resumes trading
Jiangfeng Electronics Announcement: The company and its wholly-owned subsidiary Jiangfeng Boxin have signed the “Share Transfer Agreement of Beijing Kaide Quartz Co., Ltd.” with the actual controller of Kaide Quartz, agreeing to acquire a 15.6424% stake in Kaide Quartz for 448 million yuan. Meanwhile, Ningbo Yongjin will acquire a 5.0000% stake in Kaide Quartz for 143 million yuan. After the completion of this transaction, Jiangfeng Electronics will become the controlling shareholder of Kaide Quartz. The company’s stock will resume trading on February 6, 2026.