Sichuan Jiuzhou (000801.SZ) plans to acquire RF business asset group for 757 million yuan

According to the Zhitong Finance App, Sichuan Jiuzhou (000801.SZ) announced that the company plans to purchase assets, liabilities, business and personnel related to the RF business of Sichuan Jiuzhou Electric Group Co., Ltd. in cash through the establishment of a new wholly-owned subsidiary, with a transaction amount of 757 million yuan.

By injecting a complementary and collaborative RF business asset group with the company into the company, the transaction uses market-based methods to optimize and adjust the industrial layout to help efficiently allocate state-owned assets.