WINGTECH(600745) 经济观察报·2025-05-17 02:57Core Viewpoint - Wentech Technology plans to strategically exit its product integration business by selling 100% equity of Kunming Wenxin and related assets to Luxshare Precision for a cash transaction of 4.389 billion yuan, focusing resources on semiconductor business development [1][2]. Group 1: Transaction Details - The transaction price is set at 4.389 billion yuan, with the completion leading to a strategic exit from the product integration business [1][3]. - The sale includes equity and operational assets of nine target companies closely related to the product integration business [1]. - The transaction is based on the audited net value of the target assets, with valuation results derived from the income approach [3]. Group 2: Strategic Shift - The company aims to build a new development framework through strategic transformation, focusing on high-value semiconductor business and enhancing its competitive advantage in the global power semiconductor industry [2]. - The decision to divest from the product integration business is influenced by geopolitical changes and the need for business development [2]. - The company anticipates that maintaining the current state would lead to a significant decline in revenue from the product integration business by 2025 due to being placed on the U.S. Entity List [1][2]. Group 3: Market Response - Luxshare Precision has received positive feedback from clients regarding the acquisition, indicating confidence in achieving a leading position in the ODM business through management optimization and vertical integration [4].