HSPC(SH:603353) 智通财经网·2025-11-16 08:20Group 1 - The company plans to acquire at least 34% equity in Shanghai Kuixin Integrated Circuit Design Co., Ltd. through cash payment, aiming to control 51% of the voting rights of the target company [1] - The total valuation of the target company is not expected to exceed 1.588 billion yuan, with the final transaction amount anticipated to be no more than 540 million yuan [1] - The target company specializes in high-speed interface IP and Chiplet solutions, being one of the few in China with a complete product matrix in this field [1] Group 2 - The target company's latest product, UCIe Chiplet interconnect IP, has been utilized in domestic high-performance chips, supporting large-scale computing clusters [1] - The company has established a strategic cooperation network with international foundries such as TSMC and Samsung, developing interface IP across a range of process nodes from 5nm to 55nm [1] - The target company is one of the few in China capable of providing a complete Chiplet solution, enhancing computing performance and reducing latency through high-speed interconnects based on the UCIe protocol [1] Group 3 - The company's main business differs from that of the target company, indicating a lack of relevant industry management experience prior to the transaction [2] - The company will face challenges in cross-industry operational management and integration capabilities following the acquisition [2]