Zheng Quan Zhi Xing·2025-08-26 12:16Core Viewpoint - The merger between subsidiaries of Zhongju Semiconductor Technology Co., Ltd. aims to optimize management structure, reduce costs, and enhance operational efficiency, while maintaining the integrity of fundraising projects and protecting shareholder interests [6][8][9] Group 1: Merger Details - The merger involves the absorption of Zhongju (Quzhou) by Kaisen Fluorochemical, with all assets, debts, and operations being inherited by Kaisen Fluorochemical [4][6] - The project "Wet Etching and Cleaning Solutions for Integrated Circuits" will continue under Kaisen Fluorochemical, with no changes to investment amount, purpose, or location [6][8] Group 2: Financial Overview - For the absorbing entity (Kaisen Fluorochemical), total assets are reported at 132,961.03 million, liabilities at 73,269.31 million, net assets at 59,691.72 million, revenue at 74,559.39 million, and net profit at 5,676.71 million [3] - For the absorbed entity (Zhongju Quzhou), total assets are 41,743.66 million, liabilities at 4,807.06 million, net assets at 36,936.60 million, and a net loss of 63.40 million [4] Group 3: Fundraising and Project Changes - The company raised a total of 1,806,750,318.06 RMB from its IPO, with the funds fully in place as of September 1, 2023 [5] - The fundraising project "Advanced Electronic Chemical Materials for Integrated Circuits (Phase I)" has been renamed to "Wet Etching and Cleaning Solutions for Integrated Circuits," with total investment remaining at 150,000.00 million [5][6] Group 4: Governance and Compliance - The board of directors and the supervisory board have approved the merger and changes to the fundraising project, confirming that it aligns with legal and regulatory requirements [7][9] - The sponsor, Guotai Junan Securities, has also expressed no objections to the merger and project changes, affirming that they do not adversely affect the implementation of fundraising projects or shareholder interests [9]