HC Semitek Subsidiary Plans to Sign 52.92 Million Yuan Patent License Agreement with BOE

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Summary · why it matters

HC Semitek's controlling subsidiary Suzhou Jingxin plans to sign a patent license agreement with controlling shareholder BOE, obtaining the right to implement MLED-related patents. The license term is 10 years, with total license fees of 52.92 million yuan, payable over 10 years. This transaction constitutes a connected transaction, has been approved by the board of directors, and does not require submission to the shareholders' meeting for approval.

Impact on assets 4

Information Technology▲ · 1 stocks
Boe Varitronix Ltd
0710
▲ PositiveTechnologyrelevance

BOE Varitronix is a subsidiary of BOE, which is licensing MLED patents to HC Semitek, potentially expanding technology adoption.

Others▲ · 3 stocks
HC Semitek Corp
300323
▲ PositiveTechnologyrelevance

HC Semitek's subsidiary obtains rights to implement MLED patents, enhancing its technology portfolio.

BOE Technology Group Co Ltd
000725
▲ PositiveCapitalrelevance

BOE Technology Group is the controlling shareholder receiving 52.92 million yuan in license fees over 10 years.

BOE Tech Group
200725
▲ PositiveCapitalrelevance

BOE Tech Group is the same as BOE Technology Group, receiving license fees.

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