Shenzhen Sunway CommunicationWholly owned subsidiary Yiyang Sunway plans a 1.1 billion yuan cash acquisition of a 55% stake in Yiyang Electronic Technology, consolidating it.
Sunway Communication's wholly owned subsidiary Yiyang Sunway plans to acquire a 55 percent stake in Yiyang Electronic Technology for 1.1 billion yuan in cash. After the transaction, it will hold a 70 percent stake and consolidate the company into its financial statements. The acquisition aims to address the global supply gap for high-end MLCCs and quickly connect the company's high-end MLCC production capacity with downstream markets. Meanwhile, data from the National Bureau of Statistics shows that the new economic development momentum index grew 12.5 percent in 2025, and profits of industrial enterprises above designated size rose 17.6 percent from January to July, with industries such as optical fiber manufacturing posting substantial profit growth. In addition, nine government departments issued a document to promote the high-quality development of aviation bonded maintenance, with related concept stocks including Haite High-Tech and Hangxin Technology.
Shenzhen Sunway CommunicationWholly owned subsidiary Yiyang Sunway plans a 1.1 billion yuan cash acquisition of a 55% stake in Yiyang Electronic Technology, consolidating it.
Sichuan Haite High-tech Co LtdNamed as a related concept stock benefiting from the nine-department document promoting aviation bonded maintenance.
Guangzhou Hangxin Aviation Technology Co LtdNamed as a related concept stock benefiting from the nine-department document promoting aviation bonded maintenance.
Xiamen Kehua HengshengTarget of Sunway Communication's 1.1 billion yuan acquisition of a 55% stake, addressing the global high-end MLCC supply gap.