--- title: "KIWI INSTRUMENTS: Plans to spend 295 million yuan to acquire Xinggan Semiconductor" type: "News" locale: "en" url: "https://longbridge.com/en/news/254598965.md" description: "KIWI INSTRUMENTS announced that the company plans to acquire 100% equity of Shanghai Xinggan Semiconductor Co., Ltd. for 295 million yuan using its own or self-raised funds. Upon completion of this transaction, Xinggan Semiconductor will become a wholly-owned subsidiary of KIWI INSTRUMENTS and will be included in the company's consolidated financial statements. The funds will be paid in cash, sourced from the company's own or self-raised funds, and the transaction will not have a significant adverse impact on the company's financial condition. The acquisition aims to deepen the company's core business, broaden its technological boundaries, and enhance its system-level solution capabilities. This transaction is subject to approval by the company's shareholders' meeting" datetime: "2025-08-26T10:25:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/254598965.md) - [en](https://longbridge.com/en/news/254598965.md) - [zh-HK](https://longbridge.com/zh-HK/news/254598965.md) generator: "portal-rs" --- # KIWI INSTRUMENTS: Plans to spend 295 million yuan to acquire Xinggan Semiconductor KIWI INSTRUMENTS announced that the company intends to acquire 100% equity of Shanghai Xinggan Semiconductor Co., Ltd. for 295 million yuan using its own or self-raised funds. Upon completion of this transaction, Xinggan Semiconductor will become a wholly-owned subsidiary of KIWI INSTRUMENTS and will be included in the company's consolidated financial statements. The funds will be paid in cash, sourced from the company's own or self-raised funds, and the transaction will not have a significant adverse impact on the company's financial condition. The acquisition aims to deepen the company's core business, broaden its technological boundaries, and enhance its system-level solution capabilities. This transaction is subject to approval by the company's shareholders' meeting ### Related Stocks - [688045.CN](https://longbridge.com/en/quote/688045.CN.md) ## Related News & Research - [Why Is This Monday Morning Different in the Commodity Complex?](https://longbridge.com/en/news/296096957.md) - [The Hidden Cost of Aging Water Heaters in East Texas Homes: Bannister Plumbing Shares How Homeowners can Lower Energy Costs](https://longbridge.com/en/news/296400949.md) - [Coffee Prices Soar on Supply Concerns](https://longbridge.com/en/news/296127705.md) - [Have Middle East Oil Flows Rebounded to 15 Million Bpd as U.S. Claims?](https://longbridge.com/en/news/296093289.md) - [BitMart shutdown gets messy as staff speak out over unpaid wages](https://longbridge.com/en/news/296089549.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**