Thinkon Semiconductor Plans to Acquire 20% Stake in Beijing Zhongjingxin
Thinkon Semiconductor Jinzhou (SHA:688233), through its subsidiary Beijing Zhongjingxin Technology, proposed to acquire 20% of Fujian Jinggong Semiconductor for a consideration of 195 million yuan, according to a Shanghai bourse filing on the weekend.The semiconductor materials maker's shares jumped 4% at the close of Monday's trade.The stake was bought from Shenzhen Rongju Dingxin Investment Partnership (Limited Partnership).