Jiangsu JieJie Microelectronics Co., Ltd. (SZSE:300623) agreed to acquire an additional 30.24% stake in Jiejie Microelectronics (Nantong) Technology Co., Ltd. from a group of sellers for CNY 1 billion on December 1, 2023. Huachuang Securities Co.,Ltd acted as Financial advisor, DeHeng Law Offices acted as legal advisor and RSM China CPA LLP acted as Accountant to Jiangsu JieJie Microelectronics Co., Ltd. As of December 31, 2023, the Shenzhen Stock Exchange has accepted Jiangsu JieJie Microelectronics Co., Ltd.?s application documents for the transaction and it's still pending approval by SZSE and China Securities Regulatory Commission.