JSZY(SH:600770) Shen Zhen Shang Bao·2025-05-16 02:58Core Viewpoint - Zongyi Co., Ltd. plans to acquire control of Jiangsu Jilai Microelectronics Co., Ltd. through cash capital increase or share transfer, aiming to strengthen its information technology sector and enhance its power semiconductor industry layout [1][2] Group 1: Company Performance - Zongyi Co. reported a revenue of 348 million yuan for 2024, representing an 8.15% year-on-year increase, but still recorded a net loss of 36.49 million yuan after excluding non-recurring gains and losses [1] - The company has experienced a cumulative net loss of 250 million yuan from 2022 to 2024, marking the third consecutive year of negative net profit [1] Group 2: Market Reaction - Following the announcement of the acquisition, Zongyi Co.'s stock price hit the daily limit up, closing at 4.51 yuan per share on May 14 and further rising to 4.96 yuan per share on May 15 [1] Group 3: Business Segments - Zongyi Co. operates in three main sectors: information technology, new energy, and equity investment, while Jilai Micro focuses on the research, production, and sales of power semiconductor chips and devices, covering the entire industry chain from chip design to wafer manufacturing and packaging testing [1] Group 4: Challenges and Concerns - The chip design and application segment of Zongyi Co. saw a revenue decline of 22.65% in 2024, with a gross margin decrease of 7.29 percentage points [2] - The company has not issued cash dividends since 2013, raising concerns among investors regarding returns [2] - The acquisition is still in the preliminary planning stage, with specific investment ratios and plans yet to be finalized, leading to uncertainty about its potential impact on Zongyi Co.'s profitability [2]