China Ceramics Electronics plans to acquire equity interests in Hebei Bowei and Guolian Wanzhong

Zhongci Electronics announced plans to issue shares to China Electronics Technology Group Corporation 13th Institute to purchase its 73.00% equity interest in Hebei Bowei Integrated Circuit Co., Ltd. and the assets and liabilities of the GaN communication base station RF chip business. At the same time, the company plans to issue shares to several companies to purchase its 94.6029% equity interest in Beijing Guolian Wanzhong Semiconductor Technology Co., Ltd., and plans to issue shares to no more than 35 qualified specific objects to raise matching funds.