ChipsDeal: RMB 6.03B (~US$898M)

Juice listing Guotou Zhonglu absorbs China Electronics Engineering Design Institute in a RMB 6.03 billion share deal

Source: Xinhua Finance (Du Caibao); Tue, Nov 3, 2026

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Xinhua Finance reported on 3 November that Guotou Zhonglu bought 100% of China Electronics Engineering Design Institute by issuing about 549 million shares at RMB 10.98, valuing the deal at RMB 6.03 billion. Implemented in October, it was the largest A-share placement of the month. It counts as a major restructuring and related-party deal, extending the company into electronics-sector engineering contracting and consulting.

Read original ↗Source: Xinhua Finance (Du Caibao) · Opens the source in a new tab

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Juice listing Guotou Zhonglu absorbs China Electronics Engineering Design Institute in a RMB 6.03 billion share deal

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