Core Viewpoint - Meijiayin Holdings (06939.HK) announced that its shares will resume trading today, January 26, 2026, at 9:00 AM [1] Group 1 - The company has officially communicated the resumption of trading for its shares [1]

Group 1: Semiconductor Industry Price Increase - The semiconductor industry is experiencing a widespread price increase across the entire supply chain, affecting key areas such as LED chips, packaging, and terminal applications [2][3] - This price adjustment is driven by rising raw material costs, long-term low-price competition, and regulatory policies, indicating a structural transformation rather than a short-term market fluctuation [2][3] - The price increase reflects a shift from "price competition" to a "value competition" model focused on technology, quality, and service, suggesting a systemic reshaping of the Chinese LED industry [3] Group 2: Performance of Semiconductor Companies - A-share semiconductor companies are reporting significant annual performance increases, with companies like Zhaoyi Innovation expecting a revenue of approximately 9.203 billion yuan, a 25% increase year-on-year [5] - Huafeng Measurement Control anticipates a revenue increase of 370 million to 508 million yuan, representing a year-on-year growth of 41% to 56% [5] - Zhongwei Company forecasts a revenue of about 12.385 billion yuan, a year-on-year increase of approximately 36.62% [5] Group 3: Mergers and Acquisitions in the Semiconductor Sector - Jing Sheng Co. announced plans to acquire 100% of Ningbo Weizhun Intelligent Technology Co., with a transaction value of 857 million yuan, marking a significant move in the semiconductor equipment sector [8] - Nasda's subsidiary, Jihai China, plans to acquire a 50.56% stake in Hong Kong-listed Meijiayin Holdings for a total consideration of 168 million HKD, indicating a strategic expansion into the Hong Kong capital market [9] - These acquisitions are expected to enhance the companies' technological capabilities and market presence, facilitating deeper capital and industrial synergies [8][9]

Group 1 - The offeror, Geehy International Limited, has entered into a share purchase agreement to acquire a total of 211 million shares from the sellers, representing approximately 40.67% of the company's issued share capital, for a total consideration of HKD 105.5 million, equating to HKD 0.50 per share [1] - The company will issue 103.75 million subscription shares to the offeror at a subscription price of HKD 0.61 per share, which is approximately 18.7% lower than the closing price of HKD 0.75 per share on January 8, 2026 [1] - The total gross and net proceeds from the subscription are approximately HKD 63.2875 million and HKD 61.2875 million, respectively [1] Group 2 - Following the completion of the transaction, the offeror will hold approximately 314.75 million shares, representing about 50.56% of the enlarged issued share capital, necessitating a mandatory cash offer for all issued shares at HKD 0.61 per share, with a maximum total payment of approximately HKD 112 million [2] - The company has applied to the Stock Exchange for the resumption of trading of its shares starting from 9:00 AM on January 26, 2026 [2] - The offeror is an indirect wholly-owned subsidiary of Jihai China, which is primarily owned by Nasda (81.084%) and the National Integrated Circuit Industry Investment Fund Phase II (7.895%), with 21 other minority shareholders each holding less than 5% [2]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 聯 合 公 告 的 內 容 概 不 負 責，對 其 準 確 性 或 完 整 性 亦 不 發 表 任 何 聲 明，並 明 確 表 示，概 不 對 因 本 聯 合 公 告 全 部 或 任 何 部 分 內 容 而 產 生 或 因 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 本 聯 合 公 告 僅 供 參 考，並 不 旨 在 亦 不 構 成 任 何 收 購、購 買 或 認 購 美 佳 音 控 股 有 限 公 司 證 券 的 邀 請 或 要 約 或 成 為 其 中 一 部 份，亦 並 無 在 不 報 備 登 記 聲 明 或 獲 得 適 用 的 登 記 豁 免 或 其 他 豁 免 的 情 況 下 發 售、招 攬 或 銷 售 即 屬 非 法 的 任 何 司 法 權 區 銷 售、購 買 或 認 購 美 佳 音 控 股 有 限 公 司 證 券。倘 此 舉 違 反 任 何 司 法 權 區 之 相 關 法 律，則 本 聯 合 公 告 不 會 於 或 向 有 關 司 法 權 區 發 佈、 刊 ...

数据显示，美佳音控股截至2025年6月30日止六个月的中期收入7076.6万元(人民币，下同)，同比增加 7.66%;股东应占亏损3857.5万元，上年同期股东应占溢利40.5万元，同比盈转亏;每股基本亏损0.074元。 香港联交所最新资料显示，1月16日，美佳音控股(06939)股东将股票存入工银国际证券，存仓市值 8535.94万港元，占比21.94%。 ...

数据显示，美佳音控股截至2025年6月30日止六个月的中期收入7076.6万元(人民币，下同)，同比增加 7.66%;股东应占亏损3857.5万元，上年同期股东应占溢利40.5万元，同比盈转亏;每股基本亏损0.074元。 智通财经APP获悉，香港联交所最新资料显示，1月16日，美佳音控股(06939)股东将股票存入工银国际 证券，存仓市值8535.94万港元，占比21.94%。 ...

Group 1 - The core point of the article highlights that Meijiayin Holdings (06939) has deposited shares worth HKD 73.125 million into UBS Securities Hong Kong Limited, representing 18.80% of the total shares [1] - For the six months ending June 30, 2025, Meijiayin Holdings reported a mid-term revenue of RMB 70.766 million, reflecting a year-on-year increase of 7.66% [1] - The company experienced a shareholder loss of RMB 38.575 million, a significant shift from a profit of RMB 0.405 million in the same period last year, indicating a transition from profit to loss [1] - The basic loss per share is reported at RMB 0.074 [1]

数据显示，美佳音控股截至2025年6月30日止六个月的中期收入7076.6万元(人民币，下同)，同比增加 7.66%;股东应占亏损3857.5万元，上年同期股东应占溢利40.5万元，同比盈转亏;每股基本亏损0.074元。 香港联交所最新资料显示，1月15日，美佳音控股(06939)股东将股票存入UBS Securities Hong Kong Limited，存仓市值7312.50万港元，占比18.80%。 ...

Group 1 - The core point of the article highlights that Meijiayin Holdings (06939) has deposited shares worth HKD 73.125 million into UBS Securities Hong Kong Limited, representing 18.80% of the total shares [1] - For the six months ending June 30, 2025, Meijiayin Holdings reported a mid-term revenue of RMB 70.766 million, reflecting a year-on-year increase of 7.66% [1] - The company experienced a shareholder loss of RMB 38.575 million, a significant shift from a profit of RMB 0.405 million in the same period last year, resulting in a basic loss per share of RMB 0.074 [1]

Group 1 - The core point of the article indicates that Meijiayin Holdings (06939) has had its shares deposited into ICBC International Securities, with a market value of HKD 64.6875 million, representing 16.63% of the total shares [1] - Meijiayin Holdings announced that its shares will be suspended from trading on the Hong Kong Stock Exchange starting January 9, 2026, at 9:00 AM, pending an announcement regarding insider information in accordance with the Hong Kong Code on Takeovers and Mergers [1]