Zhitong Finance App News, Youyan Silicon (688432.SH) announced that the company is planning to purchase 71.89% of the shares of Shandong Youyan Ace Semiconductor Materials Co., Ltd. (“Shandong Youyan Ace”) by issuing shares and paying cash; at the same time, the company plans to purchase 14.98% of Shandong Youyan Semiconductor Materials Co., Ltd. (“Shandong Youyan Semiconductor”) by issuing shares. The acquisition of these shares will simultaneously raise supporting capital. After the transaction is completed, Shandong Youyan Ace and Shandong Youyan Semiconductor will all become wholly-owned subsidiaries of the company.

Zhitong Finance App News, Youyan Silicon (688432.SH) announced that the company is planning to purchase 71.89% of the shares of Shandong Youyan Ace Semiconductor Materials Co., Ltd. (“Shandong Youyan Ace”) by issuing shares and paying cash; at the same time, the company plans to purchase 14.98% of Shandong Youyan Semiconductor Materials Co., Ltd. (“Shandong Youyan Semiconductor”) by issuing shares. The acquisition of these shares will simultaneously raise supporting capital. After the transaction is completed, Shandong Youyan Ace and Shandong Youyan Semiconductor will all become wholly-owned subsidiaries of the company.