WINGTECH(SH:600745) Zheng Quan Zhi Xing·2025-05-16 16:26Core Viewpoint - The company, Wingtech Technology Co., Ltd., is planning a significant asset sale to Luxshare Precision Industry Co., Ltd. and Luxshare Communications (Shanghai) Co., Ltd. involving the transfer of 100% equity in several subsidiaries and business assets, with the transaction structured as a cash deal [2][5]. Group 1: Transaction Details - The transaction involves the sale of equity and business assets from subsidiaries including Kunming Wenshu Industrial Co., Ltd., Huangshi Zhitong Electronics Co., Ltd., and others [2][4]. - The company operates in the semiconductor and product integration sectors, with a comprehensive business model that includes semiconductor chip design, wafer manufacturing, packaging testing, and communication equipment production [3][4]. Group 2: Industry Classification - The company is classified under the "Computer, Communication and Other Electronic Equipment Manufacturing" industry according to the China Securities Regulatory Commission [4][5]. - The asset sale pertains to the company's product integration business, which focuses on the research, design, and manufacturing of various electronic products, including mobile terminals and automotive electronics [4][5]. Group 3: Regulatory Compliance - The independent financial advisor has confirmed that the transaction complies with the regulatory guidelines set forth by the China Securities Regulatory Commission and does not constitute a restructuring or change in control of the company [5][6]. - The transaction is confirmed to be a cash payment and does not involve the issuance of new shares [6].