Woofun AI reports that Jiaocheng Ultrasonics intends to purchase the 40% equity stake held by minority shareholders in its holding subsidiary, Shanghai Jiaocheng Semiconductor Equipment Technology Co., Ltd. The total transaction value is set at 20.7638 million yuan. Upon completion, Jiaocheng Ultrasonics will hold 100% of the equity in Jiaocheng Semiconductor. This related-party transaction requires submission to the shareholders’ meeting for review.