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Jun 10, 2025, 9:47 pm420 pts
Digitimes
Chinese processor developer Hygon Information Technology and supercomputing firm Dawning Information Industry Co. (Sugon) unveiled a CNY116 billion (US$16.2 billion) share-swap merger plan on June 9, 2025. Under the deal, Hygon will acquire Sugon by issuing new A-shares at a 0.5525:1 swap ratio. To raise…
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