半导体芯片行业并购加速 跨界与整合双线并举

Core Viewpoint - The semiconductor chip industry is experiencing a recovery, leading to several listed companies announcing acquisitions of semiconductor-related companies, attracting market attention [1]. Industry Performance - The semiconductor industry reported a significant performance improvement in the first half of 2025, with overall revenue increasing by 15.54% year-on-year and net profit attributable to shareholders rising by 32.41% [2]. - Among the 165 listed companies in the semiconductor sector, 120 reported profits, and 100 saw year-on-year net profit growth [2]. - Notably, 57 companies achieved net profits exceeding 100 million yuan, with 25 surpassing 300 million yuan, and six companies, including Northern Huachuang and SMIC, reported net profits over 1 billion yuan [2]. Company Highlights - SMIC achieved revenue of 32.348 billion yuan, a year-on-year increase of 23.1%, and a net profit of 2.301 billion yuan, up 39.8% [2]. - Zhenlei Technology reported revenue of 205 million yuan, a 73.64% increase, and a net profit of approximately 62.32 million yuan, a staggering growth of 1006.99% [3]. Mergers and Acquisitions - Huahong announced plans to acquire 97.4988% of Huali Micro's shares through a combination of cash and stock issuance, with a share price set at 43.34 yuan [4][5]. - SMIC is planning to acquire a 49% stake in its subsidiary, SMIC North, through the issuance of A-shares [6]. - Chip Origin plans to acquire 100% of the shares of Chip Technology through cash and stock issuance [6]. Cross-Industry Investments - Kaipu Cloud announced plans to acquire 70% of Nanning Taike Semiconductor and 30% through stock issuance, expanding its business into semiconductor storage products [7]. - Tongye Technology intends to acquire 100% of Beijing Silingke Semiconductor Technology, enhancing its capabilities in power grid communication chips [8].