Etmade plans to acquire 40% equity from minority shareholders of Etmade Semiconductor
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Etmade announced plans to acquire 40% equity held by minority shareholder Huang Zhaofeng of Etmade Semiconductor for 1 RMB, which will increase its shareholding ratio to 100% upon completion. This move aims to integrate internal resources, improve decision-making efficiency, and achieve the company's operational goals. The registered capital involved in the acquisition is 4 million RMB, and Etmade will also assume a paid-in obligation of 3.6 million RMB
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