OKAN International plans to acquire stake in Lianhe Storage Technology

OKAN International announced that it is planning to acquire part of the equity of Lianhe Storage Technology (Jiangsu) Co., Ltd. by issuing shares or paying cash. This transaction is not expected to constitute a major asset reorganization, nor will it lead to a change in the actual controller of the company. Lianhe Storage Technology is a high-performance and high-reliability storage chip and solution provider located in Wuxi, Jiangsu Province, and its products are widely used in many fields.