Group 1: Satellite Industry Overview - The satellite internal structure is divided into satellite platforms and payloads, with platforms providing necessary support for payloads to achieve mission objectives[4] - Effective payloads are the instruments and systems that perform specific tasks on satellites, primarily including antenna subsystems and transponder subsystems for communication satellites[5] - The satellite attitude control system consists of sensors, controllers, and actuators to maintain the satellite's orientation and stability[24] Group 2: Investment Opportunities - Key beneficiaries in the satellite industry include companies involved in attitude control (e.g., Tianyin Electromechanical, Aerospace Zhizhuang) and TR components (e.g., Zhenlei Technology, Chengchang Technology)[5] - The market performance of small-cap indices like the CSI 1000 and CSI 500 has outperformed large-cap indices such as the SSE 50 and CSI 300 this week[6] - New shares listed this week include 1 company on A-shares and 6 companies on the Hong Kong Stock Exchange, indicating a vibrant IPO market[6] Group 3: Market Trends and Recommendations - The report highlights investment themes in smart vehicles and high-end manufacturing, recommending stocks such as Hu Guang Co., Ruihu Mould, and Aopute[7] - The satellite industry is expected to benefit from advancements in low-orbit satellite payloads, particularly in transponders and phased array antennas, which are crucial for communication satellites[70] - The cost structure of low-orbit communication satellites shows that payloads account for approximately 75% of costs, with antennas and TR components being the major contributors[51]

Core Viewpoint - The acquisition of SSTI by Ruilian Technology marks a significant step in enhancing its capabilities in the semiconductor testing and diagnostics sector, positioning the company to leverage advanced technologies and expand its market presence in China [1][4]. Group 1: Acquisition Details - Ruilian Technology's subsidiary, Singapore Ruitai, will acquire 66% of SSTI for approximately 2.69 billion RMB, making SSTI a controlled subsidiary [1]. - The acquisition is expected to enhance Ruilian Technology's financial performance, with SSTI committing to an average annual post-tax profit of no less than 627 million RMB from 2026 to 2028 [3]. Group 2: SSTI's Competitive Advantages - SSTI is a leading supplier of semiconductor testing and diagnostic equipment with over 30 years of experience and a strong portfolio of proprietary technologies, including PEM, LTP, SOM, and THM [1][2]. - The company has developed core components such as laser scanners and semiconductor device cooling systems, achieving full control over the technology supply chain [2]. - SSTI's products have been successfully applied in advanced semiconductor manufacturing processes, including 3nm technology nodes, demonstrating high maturity and precision in defect detection [2]. Group 3: Market Position and Strategy - SSTI's wafer probing systems can handle high pin density and ultra-high-speed testing, significantly outperforming competitors like Thermo Fisher and Hamamatsu [3]. - The acquisition will enable Ruilian Technology to leverage its existing relationships in the Chinese semiconductor industry to develop and produce high-end testing equipment tailored for advanced process chips [4]. - Plans include establishing R&D and production bases in China to localize equipment manufacturing and expand the business boundaries in the semiconductor testing field [4].

Transaction Overview - The company announced that its wholly-owned subsidiary, RAY TECH SINGAPORE PTE. LTD., will acquire a 66% stake in SCPL SEMICONDUCTOR TEST & INSPECTION PTE. LTD. for approximately 48.9 million Singapore dollars, equivalent to about 268.95 million RMB [1][3] - Following the completion of this transaction, SCPL will become a controlled subsidiary of the company and will be included in the company's consolidated financial statements [1] Transaction Progress - The company has completed all necessary foreign investment filings and approval processes, obtaining relevant certificates from Jiangsu Provincial Department of Commerce and Wuxi Development and Reform Commission [3] - On January 8, 2026, the subsidiary made the payment for the equity acquisition and successfully acquired the 66% stake in SSTI, marking the completion of the equity transfer [3] Impact on the Company - This acquisition is expected to enhance the company's business layout in the high-end semiconductor testing equipment sector, allowing for deeper access to global high-quality semiconductor customer resources [4] - The transaction is anticipated to strengthen the company's leading position in the industry and improve its overall competitive strength, aligning with the interests of the company and all shareholders [4]

Group 1 - The core announcement is that Nichicon Technology has completed the acquisition of 66% stake in SSTI for 48.9 million Singapore dollars, approximately 268.95 million RMB [2] - SSTI will be included in the consolidated financial statements of Nichicon Technology following this acquisition [2]

Group 1 - The company, RAY TECH SINGAPORE PTE. LTD, plans to acquire a 66% stake in SCPL SEMICONDUCTOR TEST & INSPECTION PTE. LTD for approximately 26.895 million RMB [1] - The acquisition will make SSTI a subsidiary of the company, consolidating its financials into the company's reports [1] - The company has completed all necessary overseas investment filings and approvals, including obtaining certificates from relevant authorities [1] Group 2 - The payment for the acquisition was made on January 8, 2026, and the share transfer has been completed [1]

Group 1 - The company, RAY TECH SINGAPORE PTE. LTD, a wholly-owned subsidiary of 日联科技, plans to acquire 66% of SCPL SEMICONDUCTOR TEST & INSPECTION PTE. LTD. for approximately 4.89 million Singapore dollars, equivalent to about 26.895 million RMB [1] - Upon completion of the transaction, SCPL SEMICONDUCTOR TEST & INSPECTION PTE. LTD. will become a controlled subsidiary of the company and will be included in the company's consolidated financial statements [1] - The company has completed all necessary overseas investment filings and approvals, obtaining relevant certificates from Jiangsu Provincial Department of Commerce and Wuxi Development and Reform Commission [1] Group 2 - The payment for the equity acquisition was made on January 8, 2026, and the share transfer has been completed [1]

一、交易情况概述 证券代码：688531 证券简称：日联科技 公告编号：2026-003 日联科技集团股份有限公司 关于全资子公司收购境外公司控制权的进展暨交割完 成的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性 陈述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责 任。 本次交易有利于公司进一步完善在高端半导体检测装备领域的业务布局， 深度开拓全球优质半导体客户资源，持续巩固公司在该领域的领先地位，提升 公司的综合竞争实力，符合公司及全体股东的利益。 特此公告。 日联科技集团股份有限公司董事会 日联科技集团股份有限公司（以下简称"公司"）于2025年10月28日召开 第四届董事会第十六次会议，审议通过了《关于全资子公司收购境外公司控制 权的议案》，公司全资子公司RAY TECH SINGAPORE PTE. LTD（中文名：瑞 泰（新加坡）私人有限公司，以下简称"新加坡瑞泰"）拟使用自有资金4,890 万元新币（折合约人民币26,895万元，最终交易金额以实际交割时汇率为准） 收购SCPL SEMICONDUCTOR TEST & INSPECTION PTE. LTD ...

Group 1 - The company emphasizes the importance of investor relations management [1] - The company commits to timely information disclosure for future investor communication activities [1]

Core Viewpoint - The company has confirmed that its X-ray detection technology and products are widely used in semiconductor packaging and testing scenarios, and it is currently advancing the verification and development of wafer detection technology and products [1] Group 1 - The company's X-ray detection technology is extensively applied in semiconductor packaging and testing [1] - The company is in the process of developing and verifying wafer detection technology and products [1] - Future updates on business progress will be disclosed in subsequent company announcements [1]

Group 1 - The core viewpoint of the article is that the company, 日联科技, has clarified that its products and technologies are not currently applied in the field of space exploration [1]