Core Viewpoint - Ankai Micro plans to acquire 85.79% of Siche Technology for a total cash consideration of RMB 325,991,258.12, which will enhance its position in the IoT chip market [1][4][5] Group 1: Acquisition Details - The acquisition consists of two parts: RMB 22 million for 36.00% of Siche Technology from the founding team and RMB 304 million for 49.79% from investor shareholders [1][5] - Upon completion, Siche Technology will become a subsidiary of Ankai Micro and will be included in its consolidated financial statements [4][5] Group 2: Strategic Rationale - The acquisition is expected to create synergies in product offerings, technology, market access, and supply chain integration [5] - In terms of products, the deal will enrich Ankai Micro's IoT application processor chip product line, expanding its applications in smart wearables, health devices, smart homes, and industrial instruments [5] - Technologically, Ankai Micro aims to leverage Siche Technology's expertise in ultra-low power, Bluetooth communication, and other core technologies to enhance its R&D capabilities and overall competitiveness [5] - Market-wise, the collaboration will allow both companies to utilize their respective market strengths to increase market share and explore new market opportunities [5] - Supply chain integration is expected to yield economies of scale and enhance supply chain advantages [5] Group 3: Company Profile - Siche Technology specializes in high-performance, ultra-low power IoT microcontrollers and related chip designs, targeting markets such as smart wearables and smart home devices [6] - The company has established a strong reputation with its products being adopted by well-known brands like Xiaomi, Honor, and OnePlus [6] - The acquisition reflects a broader trend in the integrated circuit design industry, where companies are pursuing mergers and acquisitions to expand product lines and achieve technological synergies [6] - For Ankai Micro, successfully integrating Siche Technology represents a significant step towards becoming a platform provider of IoT chip solutions [6]

Core Viewpoint - Ankai Micro (688620.SH) plans to acquire 85.79% of Siche Technology for 326 million yuan in cash, despite Siche not being profitable yet. The acquisition is valued at a high premium due to Siche's technology in ultra-low power AIoT chips and its synergy with Ankai Micro in various aspects [1][2][10]. Financial Overview - The acquisition price is based on a valuation of 375 million yuan for Siche Technology, with a significant increase in shareholder equity value of 127.52% and a combined equity increase of 714.53% [2][3]. - Siche Technology reported revenues of 62.04 million yuan and 43.82 million yuan for 2024 and the first seven months of 2025, respectively, with net losses of 48.64 million yuan and 18.51 million yuan [2][3]. Acquisition Structure - The acquisition includes performance guarantees, where if the net profit during the commitment period (2026-2028) is negative, the founding shareholders must transfer remaining shares at zero cost [3][4]. - The founding team has committed to keeping the core team intact, with a maximum turnover rate of 50% during the performance commitment period [4]. Financial Challenges - Ankai Micro faces liquidity pressure, with a cash balance of 310 million yuan and short-term liabilities of 146 million yuan as of Q3 2025. The company plans to finance the acquisition through a combination of its own funds and bank loans [4][6]. - The company has to manage over 500 million yuan in investment projects alongside the 326 million yuan acquisition payment, indicating a significant financial balancing challenge [6]. Market Context - Ankai Micro, listed on the Sci-Tech Innovation Board in June 2023, has seen a decline in performance since its IPO, with continuous losses and negative operating cash flow [5]. - The acquisition aims to enhance product offerings, accelerate technology upgrades, and improve market competitiveness through shared resources and reduced costs [10]. Investor Dynamics - The acquisition features a differentiated pricing mechanism, where external investors sold their shares at a higher valuation compared to the founding team, indicating a strategic exit for venture capitalists [7][10].

广州安凯微电子股份有限公司 2025年第三次临时股东会会议资料 证券代码：688620 证券简称：安凯微 广州安凯微电子股份有限公司 2025年第三次临时股东会 会议资料 2025年12月 广州安凯微电子股份有限公司 2025年第三次临时股东会会议资料 目录 | 2025年第三次临时股东会会议须知 1 | | --- | | 2025年第三次临时股东会会议议程 3 | | 2025年第三次临时股东会会议议案 5 | | 议案一：《关于以现金方式收购思澈科技85.79%股权的议案》 5 | 0 广州安凯微电子股份有限公司 2025年第三次临时股东会会议资料 广州安凯微电子股份有限公司 2025年第三次临时股东会会议须知 为维护广大投资者的合法权益，保障股东在本次股东会期间依法行使权利，根 据《公司法》、中国证监会《上市公司股东会规则》和公司《股东会议事规则》 等有关规定，特制定本会议须知： 一、公司负责本次股东会的议程安排和会务工作，为确认出席大会的股东或 其代理人或其他出席者的出席资格，会议工作人员将对出席会议者的身份进行必要 的核对工作，请被核对者给予配合。 二、出席会议的股东及股东代理人须在会议召开前半小 ...

Group 1 - Xi'an Yicai plans to invest approximately 12.5 billion yuan in the Wuhan silicon material base project, focusing on producing silicon monocrystalline polished wafers and epitaxial wafers for advanced integrated circuits [1] - CATL has repurchased 15.99 million A-shares for a total expenditure of approximately 4.386 billion yuan, representing 0.36% of its total A-share capital [1][2] - Tianpu Co. has completed a stock suspension review after a 451.8% increase in stock price from August 22 to November 27, and its shares will resume trading [2] Group 2 - Jiangbolong plans to raise no more than 3.7 billion yuan through a private placement for high-end memory research and development projects [4] - Ashi Chuang intends to raise no more than 900 million yuan for semiconductor material projects and to supplement working capital [5] - Aike Co. plans to acquire 100% equity of Dongguan Qixiang for 2.2 billion yuan, focusing on products applicable in new energy battery and storage fields [6] Group 3 - Xiangyuan Cultural Tourism's subsidiary intends to acquire 100% equity of Jinxiu Lianhua Mountain for approximately 345 million yuan, which operates a national AAAA-level tourist attraction [7] - Zhongding Co. plans to issue convertible bonds totaling no more than 2.5 billion yuan for various projects including smart robots and new energy vehicle systems [9] - Jingtou Development intends to acquire 45% equity of Shanghai Lishi and related debts, aiming for full ownership of the company [10] Group 4 - Luoyang Molybdenum's subsidiary plans to invest 500 million yuan in a fund focusing on technology, healthcare, and consumer goods [11] - Transsion Holdings has submitted an application for H-share listing on the Hong Kong Stock Exchange [12] - ST Zhiyun's controlling shareholder is set to change, with a new entity gaining control over 18.61% of voting rights [13] Group 5 - Chongqing Construction's second-largest shareholder plans to transfer 12.95% of state-owned shares to other state-owned entities [14] - Longpan Technology's subsidiary signed a long-term procurement agreement to supply 106,800 tons of lithium iron phosphate materials, with a total contract value estimated between 4.5 billion to 5.5 billion yuan [15] - Junting Hotel's controlling shareholder will change to Hubei Cultural Tourism Group, with shares resuming trading [16] Group 6 - Hefei Guotou will become the controlling shareholder of Chuanan Technology after a private placement to raise no more than 1.419 billion yuan for various projects [18] - Xianglu Tungsten's shareholder plans to reduce holdings by up to 1.6 million shares, representing 0.49% of total shares [20] - Ankai Micro plans to acquire 85.79% of Siche Technology for 326 million yuan, focusing on AIoT chip design [20]

Core Viewpoint - Ankai Micro plans to acquire 85.79% of Sichao Technology for 326 million yuan, focusing on innovative low-power IoT chip design [1] Group 1: Acquisition Details - The acquisition involves a cash payment of 326 million yuan [1] - Sichao Technology specializes in high-performance, ultra-low-power IoT chip design [1] - The company’s product development focuses on data collection, processing, and edge AI inference for AIoT applications [1] Group 2: Application Areas - The applications of Sichao Technology's products include smart wearables, health devices, smart home products, smart terminals, industrial instruments, and smart buildings [1]

Core Viewpoint - Ankai Micro plans to acquire 85.79% equity of Siche Technology for a total consideration of approximately RMB 325.99 million, aiming to enhance its capabilities in low-power IoT chip design and expand its product offerings in various applications [5][6]. Group 1: Acquisition Details - The acquisition involves Siche Technology, a company specializing in innovative high-performance, ultra-low-power IoT chip design, with a registered capital of USD 339,215.03 [5]. - Siche Technology's products are utilized by well-known brands such as Xiaomi, Honor, Keep, OnePlus, Pebble, and Xiaoxun [5]. - The acquisition is expected to strengthen Ankai Micro's product series in IoT application processors and enhance its market presence in smart wearables, health devices, smart homes, and industrial instruments [6]. Group 2: Financial Performance - Siche Technology reported revenue of RMB 62.04 million and a net loss of RMB 48.64 million for 2024, with revenue of RMB 43.82 million and a loss of RMB 18.51 million for the first seven months of 2025 [6]. - As of September 30, 2025, Ankai Micro's total assets were RMB 1.58 billion, with net assets of RMB 1.35 billion and a debt-to-asset ratio of 14.61% [7]. Group 3: Strategic Synergies - The acquisition is expected to create synergies in product, technology, market, and supply chain aspects, enhancing overall technical strength and product competitiveness [6]. - Ankai Micro plans to leverage Siche Technology's core technologies in ultra-low power, Bluetooth communication, and power management to improve its existing capabilities [6]. Group 4: Financial Strategy - Ankai Micro intends to finance the acquisition through a combination of self-owned funds and bank loans, applying for medium to long-term loans to mitigate cash flow pressure [7].

Core Viewpoint - Ankai Micro plans to acquire 85.79% equity of Sichao Technology (Nanjing) Co., Ltd. for a total consideration of 326 million yuan, which will make Sichao a subsidiary included in Ankai's consolidated financial statements [1] Group 1: Acquisition Details - The acquisition will be conducted in cash and is aimed at enhancing Ankai's capabilities in the IoT chip design sector [1] - The total consideration for the acquisition is 326 million yuan [1] Group 2: Target Company Overview - Sichao Technology specializes in innovative high-performance, ultra-low-power IoT chip design [1] - The company's R&D focuses on data collection, processing, and edge AI inference for ultra-low-power IoT applications [1] - Specific applications of Sichao's products include smart wearables, health devices, smart homes, smart terminals, industrial instruments, and smart buildings [1] Group 3: Synergy Potential - There is a business synergy foundation between Ankai and Sichao in terms of products, technology, market, customers, and supply chain [1]

Core Viewpoint - Ankai Micro plans to acquire 85.79% equity of Sichao Technology (Nanjing) Co., Ltd. for a total consideration of 326 million yuan, which will make Sichao a subsidiary included in Ankai's consolidated financial statements [1] Group 1: Acquisition Details - The acquisition will be conducted in cash and is aimed at enhancing Ankai's capabilities in the IoT chip design sector [1] - The total consideration for the acquisition is 326 million yuan [1] Group 2: Target Company Overview - Sichao Technology specializes in innovative high-performance, ultra-low-power IoT chip design [1] - The company's R&D focuses on data collection, processing, and edge AI inference for ultra-low-power IoT applications [1] - Specific applications of Sichao's products include smart wearables, health devices, smart homes, smart terminals, industrial instruments, and smart buildings [1] Group 3: Synergy Potential - There is a business synergy foundation between Ankai and Sichao in terms of products, technology, market, customers, and supply chain [1]

关于以现金方式收购 思澈科技（南京）有限公司 85.79%股权的公告 证券代码：688620 证券简称：安凯微 公告编号：2025-065 广州安凯微电子股份有限公司 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、准确性和完整性承担法律责任。 重要内容提示： 投资标的名称、投资金额：广州安凯微电子股份有限公司（以下简称"公 司"或"安凯微"）拟以现金方式收购思澈科技（南京）有限公司（以下简称"思 澈科技"或"标的公司"）85.79%股权（对应标的公司注册资本 339,215.0301 美元），收购对价合计为人民币 325,991,258.12 元（以下简称"本次交易"或"本 次收购"）。 本次交易不构成关联交易，亦不构成《上市公司重大资产重组管理办法》 规定的重大资产重组。 交易实施尚需履行的审批及其他相关程序：本次收购事项已经公司第二 届董事会第十八次会议审议通过，根据《上海证券交易所科创板股票上市规则》 《广州安凯微电子股份有限公司章程》的相关规定，本次收购事项尚需提交公司 2025 年第三次临时股东会审议。 标的公司是一家专注于创新型高性能、超低功 ...

证券代码：688620 证券简称：安凯微 公告编号：2025-066 广州安凯微电子股份有限公司 关于召开2025年第三次临时股东会的通知 （三） 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 （四） 现场会议召开的日期、时间和地点 召开日期时间：2025 年 12 月 22 日 14 点 30 分 召开地点：：广州市黄埔区博文路 107 号广州安凯微电子股份有限公司一楼 会议室 本公司董事会及全体董事保证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。 重要内容提示： 一、 召开会议的基本情况 （一） 股东会类型和届次 2025年第三次临时股东会 （二） 股东会召集人：董事会 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 12 月 22 日 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通投资者的投 票，应按照《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》 等有关规定执行。 （七） 涉及公开征集股东投票权 无 二、 ...