A group of buyers completed the acquisition of a 4.18% stake in Sichuan Yingda Lithium Battery New Material Co., Ltd. from Ningbo Linghui Equity Investment Partnership Enterprise (Limited Partnership), Shanghai Lingrui Venture Capital Co., Ltd., Suzhou Hanning Venture Capital Partnership Enterprise (Limited Partnership), Liang Weidong, Qiao Guibin, Yan Bo, Ningbo Zhelv Junrong Venture Capital Partnership Enterprise (Limited Partnership).
February 20, 2023
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A group of buyers agreed to acquire 4.18% shares of Great Microwave Technology Co., Ltd. (SHSE:688270) from Ningbo Linghui Equity Investment Partnership Enterprise (Limited Partnership), Shanghai Lingrui Venture Capital Co., Ltd., Suzhou Hanning Venture Capital Partnership Enterprise (Limited Partnership), Liang Weidong, Qiao Guibin, Yan Bo, Ningbo Zhelv Junrong Venture Capital Partnership Enterprise (Limited Partnership) for CNY 444 million on January 31, 2023. Transfer price is CNY 97 per share and total number of shares to be acquired is 4,573,148 shares. Transaction is subject to the final handling result of China Securities Depository and Clearing Corporation Shanghai Branch.
A group of buyers completed the acquisition of a 4.18% stake in Sichuan Yingda Lithium Battery New Material Co., Ltd. from Ningbo Linghui Equity Investment Partnership Enterprise (Limited Partnership), Shanghai Lingrui Venture Capital Co., Ltd., Suzhou Hanning Venture Capital Partnership Enterprise (Limited Partnership), Liang Weidong, Qiao Guibin, Yan Bo, Ningbo Zhelv Junrong Venture Capital Partnership Enterprise (Limited Partnership) on February 21, 2023.
Great Microwave Technology Co Ltd is a China-based company focusing on the research, development, production and sales of integrated circuit chips and microsystems. The Company's main products include terminal radio frequency (RF) front-end chips, RF transceiver chips, high-speed and high-precision analog to digital converter/ digital to analog converter (ADC/DAC), power management chips, micro systems and modules. The Company's products and technologies have been widely used in military fields such as wireless communication terminals, communication radar systems, and electronic systems for power supply and distribution, and have gradually expanded to civilian fields such as mobile communication systems and satellite Internet.
A group of buyers completed the acquisition of a 4.18% stake in Sichuan Yingda Lithium Battery New Material Co., Ltd. from Ningbo Linghui Equity Investment Partnership Enterprise (Limited Partnership), Shanghai Lingrui Venture Capital Co., Ltd., Suzhou Hanning Venture Capital Partnership Enterprise (Limited Partnership), Liang Weidong, Qiao Guibin, Yan Bo, Ningbo Zhelv Junrong Venture Capital Partnership Enterprise (Limited Partnership).
GREAT MICROWAVE TECHNOLOGY CO., LTD. 
