Unigroup Guoxin Microelectronics (SHE:002049) disclosed a revised draft proposal to acquire assets through share issuance and cash payments while raising supporting funds, according to a weekend filing with the Shenzhen bourse.
Under the proposed deal, Unigroup Guoxin Microelectronics will fully acquire Ruineng Semiconductor, valued at 1.90 billion yuan as of December 2025, from 14 counterparties.
The deal, pending Shenzhen bourse review and China Securities Regulatory Commission registration, involves issuing shares to major semiconductor investment funds and private investors.
Shares of the semiconductor company rose 2% in morning trade.