Today, Tianyin Holdings issued an announcement this week about the planning of major issues.” The announcement shows that Tianyin Holdings intends to participate in the joint acquisition of a mobile phone brand business. The scope is planned to involve brand trademarks, research and development and supply chain, etc.
The announcement pointed out that the matter is currently in the initial stage of negotiation and planning, and the counterparty has not signed any letter of intent or related transaction agreement on the matter.
As of the disclosure date of this announcement, the company has not yet determined the subject of the transaction, the scope of the specific assets involved, and the transaction price, and has not yet carried out due diligence, audit, evaluation and other related work. Therefore, there is significant uncertainty in this matter, and the company will perform the corresponding information disclosure obligations in a timely manner based on the subsequent progress.
According to China Business News, the most likely acquirer of Tianyin Holdings is Tianlong Technology . This company mainly targets the overseas mobile phone market and has recently seen frequent stock transfers. A source said Tianyin Holdings is currently in contact with ten long science and technology, plans to use the latter output channel associated mobile phone brand, get 5G core chip.
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