Kelong Shares announced that the company intends to acquire 51% stake of Gainsil Semiconductor Technology (Shanghai) Co., Ltd. in cash, and the underlying asset is determined to price RMB49.40 million (USD7.52 million). Gainsil Semiconductor is an integrated circuit design company focusing on the R&D and sales of analog integrated circuit chips. Through this acquisition, the listed company will add R&D and sales of analog integrated circuit chips.