Group 1 - The company is planning to acquire a controlling stake in Zhuhai Noah Changtian Storage Technology Co., Ltd. through a cash transaction, which will allow the company to indirectly control SkyHigh Memory Limited [2][4] - The transaction is expected to complement the company's product, market, and technology offerings, enhancing its core competitiveness in the non-volatile storage product sector [2][16] - As of the announcement date, the transaction is still in the due diligence and auditing phase, and no formal agreement has been signed yet [2][19] Group 2 - The target company, Zhuhai Noah Changtian, was established to acquire SHM, which specializes in high-performance 2D NAND and derivative storage products [5][14] - SHM has a strong market presence with a mature sales network across Asia, Europe, and North America, providing high-quality flash memory solutions [5][7] - The global semiconductor industry is experiencing rapid growth, driven by technological advancements and increasing market demand, particularly in the storage chip sector [6] Group 3 - The acquisition is anticipated to create synergies in product offerings, market reach, and technological capabilities between the company and the target company [16][17] - The company primarily focuses on NOR Flash and EEPROM, while the target company specializes in SLC NAND, eMMC, and MCP products, allowing for a comprehensive non-volatile storage product portfolio [16] - The global market for SLC NAND is projected to grow from $2.31 billion in 2024 to $3.44 billion by 2029, with a compound annual growth rate of 5.8% [6]

Group 1: Company Developments - Purun Co. plans to acquire controlling stake in high-performance 2D NAND storage chip company SHM [4] - Longxin Zhongke's first GPGPU chip, 9A1000, is expected to deliver tape-out within the third quarter [5] - Jingwei Hengrun's major shareholder and director, Cao Xuming, intends to reduce holdings by up to 1 million shares [6] - Hangke Technology's actual controller, Cao Ji, plans to transfer 3% of total share capital through inquiry pricing [7] - Jincheng Co. announces a cash acquisition of 100% equity in Chip Micro Semiconductor for 316 million yuan [3] Group 2: Industry Trends - Shanghai government promotes the development of high-end medical imaging products and AI medical devices [1] - Henan province accelerates the construction of national supercomputing internet core nodes and AI-enabled industrialization [1] - Dongguan city supports the construction of low-altitude economic infrastructure, including general airports and eVTOL facilities [2] Group 3: Financing and Investments - Chip Vision Microelectronics completes several hundred million C+ round financing led by Guoxin Fund [16] - Huakan Biotechnology secures several hundred million B+ round financing for 3D cell manufacturing solutions [16] - Haide Hydrogen Energy announces a new round of strategic financing for global market expansion and product development [17]

Core Viewpoint - The company, Purun Co., Ltd. (688766), is planning to acquire a controlling stake in its associate company, Zhuhai Noah Changtian Storage Technology Co., Ltd., through a cash transaction, which will lead to indirect control over SkyHigh Memory Limited, a semiconductor firm registered in Hong Kong [1]. Group 1 - The acquisition aims to achieve control over the target company, enhancing the company's position in the semiconductor industry [1]. - SkyHigh Memory Limited specializes in SLC NAND, eMMC, and MCP products, complementing Purun's existing offerings of NOR Flash, EEPROM, and MCU, thereby creating a comprehensive non-volatile storage product portfolio [1].

Group 1 - The company plans to acquire a portion of the equity of the target company from existing shareholders to gain control, which will indirectly lead to controlling SHM [1][2] - The target company is a holding company established for the acquisition of SHM, which specializes in high-performance 2D NAND and derivative memory products [2] - SHM has established engineering centers in South Korea and Japan, and has a mature sales network across Asia, Europe, and North America, providing high-quality flash memory solutions [2] Group 2 - The company aims to enhance its core competitiveness in the memory chip sector and enrich its product line through this acquisition [2] - The overall valuation of the target company will be determined after due diligence, auditing, and evaluation processes [2] - The transaction will be completed through cash payment, funded by the company's own or raised funds [2]

Core Viewpoint - The company, Purun Co., Ltd. (688766.SH), is planning to acquire a controlling stake in its associate company, Zhuhai Noah Changtian Storage Technology Co., Ltd., through a cash transaction, which will indirectly lead to control over SkyHigh Memory Limited [1] Group 1 - The acquisition is expected to enhance the company's non-volatile storage product layout by creating effective synergies in products, markets, and technologies with the target company [1] - Currently, the company holds a 20% stake in the target company and is also a limited partner in Zhuhai Noyan, holding a 20% share of its contributions [1] - The transaction does not constitute a related party transaction and is not expected to be classified as a major asset restructuring [1]

重要内容提示： 证券代码：688766 证券简称：普冉股份 公告编号：2025-066 普冉半导体（上海）股份有限公司 关于筹划收购珠海诺亚长天存储技术有限公司控股权的提 示性公告 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。 为增强公司在存储器芯片领域的核心竞争力，进一步丰富产品线，公司拟通 过控股目标公司强化双方的业务协同效应。本次交易完成后，公司将成为标的公 司的控股股东，从而间接控股SHM。标的公司的整体估值需在公司及其聘请的 中介机构完成尽职调查及审计、评估程序后经各方协商确定，本次交易价格等具 体交易方案条款由各方协商并签订正式协议确定。公司将以现金支付方式完成本 次交易，资金来源为自有或自筹资金。 普冉半导体（上海）股份有限公司（以下简称"公司"或"普冉股份"）正 在筹划以现金方式收购公司参股公司珠海诺亚长天存储技术有限公司（以下简称 "标的公司"或"诺亚长天"）控股权（以下简称"本次交易"），本次交易完成后公 司预计将实现对标的公司的控股，从而间接控股SkyHigh Memory Limited（以下 简 ...

Group 1 - The company is planning to acquire a controlling stake in its associate company, Zhuhai Noah Changtian Storage Technology Co., Ltd. (Noah Changtian), through a cash transaction [1] - Upon completion of this transaction, the company will gain control over Noah Changtian and indirectly control SkyHigh Memory Limited (SHM) [1] - As of the announcement date, the company holds a 20% stake in Noah Changtian and has not yet completed due diligence and audit evaluation work; specific transaction details are still under negotiation [1]

Group 1 - The company, Purun Co., Ltd. (SH 688766), announced plans to acquire a controlling stake in its associate company, Zhuhai Noah Changtian Storage Technology Co., Ltd. This acquisition is expected to lead to indirect control over SkyHigh Memory Limited (SHM) [1] - As of the announcement date, the transaction is still in the preliminary due diligence and audit evaluation phase, and no formal agreement has been signed yet. The final transaction price will be determined by the formal agreement signed by all parties involved [1] - For the fiscal year 2024, the company's revenue composition is projected to be 99.99% from integrated circuits and 0.01% from other businesses [1] Group 2 - The current market capitalization of Purun Co., Ltd. is 13 billion yuan [2]

Group 1 - The storage chip sector in the A-share market experienced significant gains, with several companies reaching their daily limit up [1] - Notable performers included Jingzhida with a 20% increase, Shannong Xinchuan up over 17%, and Jiangbolong rising over 15% [1][2] - Other companies such as Tongyou Technology, Pulang Co., Beijing Junzheng, and Baiwei Storage also saw substantial increases, ranging from 10% to 13% [1][2] Group 2 - The total market capitalization of Jingzhida is 12.6 billion, with a year-to-date increase of 84.54% [2] - Shannong Xinchuan has a market cap of 35.1 billion and a year-to-date increase of 166.48% [2] - Jiangbolong's market cap stands at 47.1 billion, with a year-to-date increase of 30.62% [2]

Core Viewpoint - The storage chip sector experienced a significant rally on September 12, with several companies reaching their daily limit increases, indicating strong market interest and potential investment opportunities in this industry [1] Company Performance - Shannon Semiconductor reached a 20% limit increase, showcasing robust investor confidence and market performance [1] - Zhaoyi Innovation also hit the limit increase, reflecting positive market sentiment towards its stock [1] - Other companies such as Baiwei Storage, Jiangbolong, and Purun Co. saw notable gains, contributing to the overall positive trend in the storage chip sector [1]