Wenyi Trinity Technology (SHA:600520) plans to acquire 51% of Anhui Zhonghe Semiconductor Technology for a consideration of 121.4 million yuan, according to a Shanghai bourse filing on Friday.
Zhonghe Semiconductor Tech is a manufacturer of semiconductor packaging equipment, molds, ICs, and related services.
The stake will be bought from ten investors, the Chinese extrusion tools producer said.
The company's shares jumped 10% in recent trade.