普冉股份拟收购诺亚长天31%股权，进而间接控股SHM

Core Viewpoint - Company plans to acquire a 31% stake in Noah Changtian for a total of RMB 144 million, aiming to gain control over the company and indirectly over SkyHigh Memory Limited (SHM) [1] Group 1: Acquisition Details - The acquisition will increase the company's stake in Noah Changtian to 51%, achieving control over the company [1] - The company currently holds a 20% stake in Noah Changtian and is a limited partner in a related investment fund [1] - Noah Changtian was established to acquire SHM, which it currently owns 100% [1] Group 2: SHM Overview - SHM is a semiconductor company registered in Hong Kong, focusing on high-performance 2D NAND and derivative memory products [2] - The company has established engineering centers in South Korea and Japan, along with sales offices in Asia, Europe, and North America, creating a robust global sales network [2] - SHM's products are widely used in various sectors, including industrial control, home appliance security, wearables, and smart terminals [1][2] Group 3: Strategic Synergies - The acquisition is expected to enhance the company's core competitiveness in the memory chip sector and expand its product line [2] - There will be effective product complementarity between the company's NOR Flash, EEPROM, and SHM's SLC NAND, eMMC, and MCP products [3] - The company primarily generates revenue from the Chinese market, while SHM's revenue mainly comes from overseas, allowing for complementary sales channels [3] - The company has strong IC design capabilities, while SHM excels in product performance optimization and manufacturing processes, leading to effective technical complementarity [3]