YUYAN Silicon plans to acquire 70% stake in DG Technologies held by Japan's RS Technologies

On November 1, YUANSI announced plans to purchase 70% of the equity of DG Technologies (DGT) held by Japan's RS Technologies (RST) in cash. Although the two parties have signed the "Equity Acquisition Intent Agreement", due diligence and audit evaluation have not been completed, the formal agreement has not been signed, and the specific transaction plan is still under discussion. RST is the controlling shareholder of YUANSI, so this transaction constitutes an affiliated transaction. According to preliminary estimates, this transaction will not constitute a major asset reorganization. Once the transaction is completed, the company will hold a 70% stake in DGT, and DGT will become a holding subsidiary of the company.