VeriSilicon(SH:688521) 智通财经网·2025-10-15 15:10Core Viewpoint - The company plans to invest in TianSuiXinYuan Technology and acquire control of ZhuDian Semiconductor, with a total equity value of 950 million yuan for 100% of the target company's shares [1] Group 1: Investment Details - The acquisition will be executed through TianSuiXinYuan, which will pay up to 950 million yuan in cash plus transaction costs to acquire control of ZhuDian Semiconductor [1] - A share purchase agreement has been signed for 973 million yuan in cash plus transaction costs to acquire 97.89% of the target company's shares, with the completion of the transaction resulting in TianSuiXinYuan holding 100% of ZhuDian Semiconductor [1] Group 2: Target Company Overview - ZhuDian Semiconductor specializes in mobile device visual processing chips, video transcoding chips, and 3LCD projector main control chips, being a leading provider of innovative video and display processing solutions globally [2] - The company holds over 160 domestic and international invention patents and has successfully entered the supply chains of mainstream smartphone manufacturers [2] Group 3: Technological Capabilities - ZhuDian Semiconductor has over 20 years of R&D experience in display chips, with advanced core technology in circuit design, image quality algorithm processing, and transcoding [3] - The company possesses a comprehensive image processing algorithm chain that supports various terminal platforms and operating systems, showcasing high portability and customization capabilities [3] Group 4: Strategic Synergies - The target company has established stable partnerships with global mainstream smartphone brands, and its AI-ISP chip customization solutions are already in mass production [4] - The combination of the company's image pre-processing IP and ZhuDian's image post-processing IP will enhance competitiveness in the display post-processing IP field and facilitate expansion into AI-related projects across various devices [4]