According to CoinMeta, Puran Co., Ltd. announced that the company intends to purchase 49% of the equity in Noah Changtian held by Zhuhai Nuoyan, Yuanhe Puhua, and Hengqin Qiangke by issuing shares, convertible corporate bonds, and paying cash, while also raising matching funds. Upon completion of this transaction, Noah Changtian will become a wholly-owned subsidiary of the listed company, and the target company SHM will become a wholly-owned grandchild company of the listed company. The transaction price is 247.058 million yuan. The target company owns 2D NAND and its derivative storage chip products targeting the mid-to-high-end market, which are widely used in industrial control, home appliances, security, wearable devices, smart terminals, and other fields. With its outstanding product and engineering capabilities, the company has a solid customer base and hundreds of active end-users, and possesses strong competitiveness in the global market.