
SMARTGIANT: Plans to acquire 71% of Keke Electronics, the transaction is progressing in an orderly manner
Guangzhou SMARTGIANT Technology Co., Ltd. announced a progress update. The company plans to acquire 71% of Qingdao Kekai Electronic Research Institute Co., Ltd. shares from 23 trading counterparties through the issuance of shares and cash payment, and raise supporting funds, which is expected to constitute a significant asset restructuring and related party transaction. Shanghai Dongzhou Asset Appraisal Co., Ltd. has completed the extended appraisal and issued a report. The company intends to adjust the transaction plan based on the appraisal results, which is expected not to constitute a significant change

