688521，公布重大资产重组！明天复牌

Core Viewpoint - Chip Origin Co., Ltd. plans to acquire 97.01% of Chip Lai Technology, marking a significant asset restructuring and enhancing its position in the semiconductor industry [1] Group 1: Acquisition Details - The acquisition will make Chip Lai Technology a wholly-owned subsidiary of Chip Origin, which currently holds 2.99% of its shares [1] - The transaction is expected to be completed by September 12, 2025, when trading will resume [1] Group 2: Company Background - Chip Origin is recognized as the "first stock of China's semiconductor IP" and is regarded as a leader in AI ASIC technology [1] - The company holds the top market share in China's semiconductor IP licensing business and ranks eighth globally, with licensing revenue ranking sixth worldwide [1][2] Group 3: AI ASIC and RISC-V Technology - Chip Origin has developed a comprehensive chip customization platform for various AI applications, with AI-related revenue accounting for approximately 52% of its chip design business in the first half of 2025 [2] - Chip Lai Technology, established in 2018, is a leading provider of RISC-V CPU IP in China, with over 300 global clients and applications across multiple sectors [2][3] Group 4: Strategic Importance of the Acquisition - The acquisition will enhance Chip Origin's capabilities in heterogeneous computing and strengthen its market competitiveness in AI ASIC design [3] - The integration of RISC-V technology will allow for more flexible and differentiated chip solutions, leveraging the open RISC-V ecosystem for various AI applications [4] Group 5: Financial Performance - As of the end of Q2 2025, Chip Origin's order backlog reached 3.025 billion yuan, marking a historical high and indicating strong future performance [5] - New orders signed from July 1 to September 11, 2025, amounted to 1.205 billion yuan, representing an 85.88% increase compared to the same period last year, with AI-related orders making up about 64% of the total [5]