芯原股份拟控股芯来智融，自8月29日开市起停牌

Core Viewpoint - Chipone Technology plans to acquire a controlling stake in Chiplet Technology, with trading suspended from August 29, 2025, due to ongoing negotiations and uncertainties regarding the transaction's classification as a major asset restructuring or related party transaction [1][6][9]. Group 1: Acquisition Details - Chipone currently holds 2.99% of Chiplet Technology and aims to acquire either full ownership or a controlling stake [6]. - The preliminary identified counterparties for the transaction include Hu Zhenbo and two management consulting centers, which collectively hold significant stakes in Chiplet Technology [6][7]. - The valuation of Chiplet Technology and the specifics of the transaction, including audit assessments and payment structures, remain undetermined [9]. Group 2: Market Position and Strategy - Chiplet Technology is recognized as a leading enterprise in the RISC-V open instruction set architecture sector, with applications across various industries such as AI, automotive electronics, and 5G communications [10]. - The global market for RISC-V architecture-based chips is projected to reach 80 billion units by 2025, indicating significant growth potential in this sector [10]. - Chipone is actively expanding its presence in the RISC-V market, leveraging its semiconductor IP and chip customization platform to enhance its position and value in the industry [10]. Group 3: Financial Performance - In the first half of 2025, Chipone reported revenues of 974 million yuan, a year-on-year increase of 4.49%, while the net profit attributable to shareholders was -320 million yuan, compared to -285 million yuan in the same period of 2024 [11][12]. - The company's total assets increased by 36.50% year-on-year, reaching approximately 6.3 billion yuan, and the net assets attributable to shareholders rose by 69.74% [12].