---
title: "CONTEL sells integrated circuit subsidiaries for 100,000 RMB"
description: "CONTEL announced the sale of 100% equity in integrated circuit subsidiaries - Shanghai Yinghao Microelectronics and Chengdu Feihuan Electronics (Target Group) to an independent third party for a cash "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/259212143.md"
published_at: "2025-09-28T10:40:27.000Z"
---

# CONTEL sells integrated circuit subsidiaries for 100,000 RMB

> CONTEL announced the sale of 100% equity in integrated circuit subsidiaries - Shanghai Yinghao Microelectronics and Chengdu Feihuan Electronics (Target Group) to an independent third party for a cash consideration of 100,000 RMB. Based on the Target Group's net total liabilities of 5.6 billion RMB as of March, the sale is expected to record a profit of approximately 5.7 billion RMB

CONTEL (01912.HK) announced the sale of 100% equity in its integrated circuit subsidiaries - Shanghai Yinghao Microelectronics and Chengdu Feihuan Electronics (Target Group) to an independent third party for a cash consideration of 100,000 RMB. Based on the Target Group's net total liabilities of 5.6 billion RMB as of March, the sale is expected to record a profit of approximately 5.7 billion RMB

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.