BYD Electronics announced that the acquisition of its subsidiary has been completed and all preconditions have been met by December 29, 2023. The cash equivalent of this acquisition was originally set at RMB158 billion, and adjusted to be approximately RMB14.9 billion (equivalent to US$20.1 billion). The financial information of the target group involved in the acquisition will be included in BYD Electronics' consolidated financial statements. The acquisition was previously announced by the Company on 28 August 2023 and 27 September 2023 and was announced as completed by the Board of Directors on 29 December by the Chairman of BYADI CO., LTD., on behalf of Mr. Wang Chiefook.

BYD Electronics announced that the acquisition of its subsidiary has been completed and all preconditions have been met by December 29, 2023. The cash equivalent of this acquisition was originally set at RMB158 billion, and adjusted to be approximately RMB14.9 billion (equivalent to US$20.1 billion). The financial information of the target group involved in the acquisition will be included in BYD Electronics' consolidated financial statements. The acquisition was previously announced by the Company on 28 August 2023 and 27 September 2023 and was announced as completed by the Board of Directors on 29 December by the Chairman of BYADI CO., LTD., on behalf of Mr. Wang Chiefook.