--- title: "LUXIN's subsidiary plans to acquire a portion of the equity of Chengdu Hongke Electronic Technology Co., Ltd" type: "News" locale: "en" url: "https://longbridge.com/en/news/246689282.md" description: "LUXIN's wholly-owned subsidiary Sichuan LUXIN intends to acquire a 2.20% equity stake in Chengdu Hongke Electronic Technology Co., Ltd. at a price of approximately RMB 31.02 per share, totaling RMB 66 million. Meanwhile, the controlling subsidiary Shenzhen Huaxin also plans to acquire a 0.80% equity stake at the same price, totaling RMB 24 million. Upon completion of the transaction, Sichuan LUXIN and Shenzhen Huaxin will hold 2.20% and 0.80% equity stakes in Hongke Electronics, respectively" datetime: "2025-06-30T13:17:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/246689282.md) - [en](https://longbridge.com/en/news/246689282.md) - [zh-HK](https://longbridge.com/zh-HK/news/246689282.md) generator: "portal-rs" --- # LUXIN's subsidiary plans to acquire a portion of the equity of Chengdu Hongke Electronic Technology Co., Ltd According to the Zhitong Finance APP, LUXIN (600783.SH) announced that its wholly-owned subsidiary Sichuan LUXIN intends to acquire 1% equity of Hongke Electronics held by Chengdu Fund, 1% equity held by Industrial Transformation Fund, and 0.2% equity held by Hengxin Huicheng Fund at a price of approximately RMB 31.02 per share, totaling 2.20% equity, corresponding to 2.1274 million shares, for a total price of RMB 66 million. The company's controlling subsidiary Shenzhen Huaxin intends to acquire 0.8% equity of Hongke Electronics held by Hengxin Huicheng Fund at a price of approximately RMB 31.02 per share, totaling 773,600 shares, for a total price of RMB 24 million. After the completion of this transaction, Sichuan LUXIN and Shenzhen Huaxin will hold 2.20% and 0.80% equity of Hongke Electronics, respectively, which will be measured at fair value as other non-current financial assets ### Related Stocks - [600783.CN](https://longbridge.com/en/quote/600783.CN.md) ## Related News & Research - [HM Exploration shares gain DTC eligibility for US trading on OTCQB](https://longbridge.com/en/news/296448374.md) - [Tech tries a new message: You'd love data centers if China wasn't making you hate data centers](https://longbridge.com/en/news/296638983.md) - [China says US transshipment report disregards facts](https://longbridge.com/en/news/296450742.md) - [Aura Group says Australian private credit outperforms public fixed income as rate volatility hits bonds](https://longbridge.com/en/news/296562771.md) - [Tanker off Yemen boarded by armed people, diverted towards Somalia, UKMTO says](https://longbridge.com/en/news/296473485.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**