Kangda New Materials to Transfer 39% Stake in Bikong Technology for 139 Million Yuan

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Kangda New Materials announced that its wholly owned subsidiary Shengjing Integrated Circuits plans to transfer a 39% stake in its associate company Bikong Technology to the related party Tangkong Low-Altitude Economy for a transaction price of 139 million yuan. After the completion of this transaction, Shengjing Integrated Circuits will still hold a 10% stake in Bikong Technology, and there will be no change in the scope of consolidated financial statements.

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唐控低空经济Private± Mixed
Capitalrelevance

Related party acquires 39% stake in Bikong Technology for 139 million yuan.

晟璟集成电路Private± Mixed
Capitalrelevance

Subsidiary transfers stake in associate, retains 10% ownership.

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