Litong Electronics: Its controlling subsidiary plans to sign a software licensing agreement with Rafay
Related
Rainbow Optoelectronics: Plans to acquire a 33.42% stake in its subsidiary, Hongyang Display, for 1.916 billion yuan.
According to Mars Finance, Rainbow Optoelectronics announced that it will acquire 33.42% of the equity of its subsidiary, Hongyang Display (Xianyang) Technology Co., Ltd. (hereinafter referred to as "Hongyang Display"), from minority shareholders for RMB 1.916 billion using its own funds. After the acquisition, Rainbow Optoelectronics' shareholding in Hongyang Display will increase from 62.4% to 95.82%.
Rilian Technology: The subscription of newly issued shares of QES Group Berhad by its wholly-owned subsidiary will not result in control of the company, and will not have a significant impact on the company's operating performance.
Mars Finance reported on July 5th that Rilian Technology issued a statement and risk warning regarding media reports. On July 5th, 2026, media outlets reported that a wholly-owned subsidiary of the company planned to use its own funds of RMB 73.2885 million to subscribe for 10% of the shares in a private placement of QES Group Berhad. This transaction involves the acquisition of a minority stake in the target company. After the transaction, the company will hold 9.1% of the target company's shares, which will not constitute control over the target company and will not have a significant impact on the company's operating performance. According to the Securities Times, QES Group is a main board listed company on the Malaysian Stock Exchange, primarily engaged in the manufacturing, sales, and related overall solution services of semiconductor and wafer inspection, testing, measurement, analysis, and automation equipment. Its main products include optical inspection systems (OIS), automated processing systems (AHS), and advanced metrology systems (AMS), with applications including wafer and device inspection, 2D and 3D vision inspection, and wafer surface and thickness measurement. Currently, QES Group's business network covers Southeast Asian countries, as well as China and the United States, and it has established a relatively stable customer base in the semiconductor, wafer, electronics, automotive, metal, scientific research, and other industrial inspection fields. (Wide-angle observation)
Jingce Electronics: Plans to acquire a portion of the equity of Shanghai Jingce and raise supporting funds; stock trading suspended.
According to Mars Finance, Jingce Electronics announced that it is planning to acquire a portion of the equity of its holding subsidiary, Shanghai Jingce Semiconductor Technology Co., Ltd., through a combination of share issuance, convertible bonds, and cash payment, and to raise supporting funds. This is expected to constitute a major asset restructuring and related-party transaction. Due to the uncertainty of the matter, the company's stock and convertible bonds (Jingce Convertible Bond 2) will be suspended from trading on July 9, 2026. The transaction plan is expected to be disclosed within 10 trading days.
Yitian Intelligent: Subsidiary plans to purchase servers and related equipment for no more than 550 million yuan, mainly for providing computing power services to customers.
According to Mars Finance, Yitian Intelligent (300911.SZ) announced that its wholly-owned subsidiary, Gansu Yisuan Intelligent Technology Co., Ltd., plans to purchase servers and supporting equipment from multiple suppliers. The total contract amount is expected to not exceed 550 million yuan, mainly for providing computing power services to customers. (Cailian Press)
Rebellions, a South Korean AI chip startup backed by Samsung Electronics, plans to IPO in South Korea next year.
According to reports, Sunghyun Park, CEO of Rebellions, a South Korean AI chip startup backed by Samsung Electronics, stated that the company plans to IPO in South Korea in the first or second quarter of next year. Park said that Rebellions has already begun generating actual revenue, "and for this reason, we are working with the underwriting teams at JPMorgan Chase and Samsung Securities to prepare for the IPO." (Jiemian)
Xiling Information: Plans to jointly invest with Xinyun Data to establish a holding subsidiary and cooperate in the field of computing infrastructure operation.
According to Mars Finance, Xiling Information (300588.SZ) announced that it plans to jointly invest with Burqin County Xinyun Computing Technology Co., Ltd. to establish Xinjiang Xiling Xinyun Intelligent Computing Industry Development Co., Ltd., with a registered capital of 20 million yuan, of which Xiling will contribute 11 million yuan, holding 55% of the shares. The two parties have signed a "Cooperation Agreement" to cooperate in the field of computing infrastructure operation, including computing server leasing, computing service delivery, and the introduction of financial leasing. The joint venture aims to achieve a computing power consumption scale of no more than 256 high-performance servers and promote the construction of the AIToken platform. This agreement is a framework agreement, and specific cooperation matters are subject to uncertainty. (Cailian Press)