Tianshui Huatian Technology (SZ:002185) Zheng Quan Ri Bao·2025-10-17 05:02Core Viewpoint - Huatians Technology Co., Ltd. has resumed trading and experienced a significant stock price increase following the announcement of its acquisition of Huayi Microelectronics, a subsidiary of its controlling shareholder, Huatians Electronics [2][3]. Company Summary - Huatians Technology plans to acquire 100% of Huayi Microelectronics through a combination of issuing shares and cash payments, with an issuance price of 8.35 yuan per share [2]. - The company aims to raise additional funds from no more than 35 specific investors to cover transaction costs and fees [2]. - Huayi Microelectronics is recognized as a high-tech enterprise in China, specializing in power device research, design, packaging, testing, and reliability verification [3]. - The company has reported a significant increase in quarterly profits, with an expected net profit of over 30 million yuan in Q3, representing a growth of over 80% compared to the previous quarter [3]. Industry Summary - The semiconductor packaging and testing industry is experiencing a recovery, leading to increased demand and stable growth in orders and performance for Huatians Technology [4]. - In the first half of the year, Huatians Technology achieved a revenue of 7.78 billion yuan, a year-on-year increase of 15.81%, and a net profit of 226 million yuan, up 1.68% year-on-year [4]. - The acquisition is expected to enhance the company's capabilities in power devices, allowing it to extend its product offerings into automotive, industrial, and consumer-grade power devices, thus creating new revenue streams [4][5].