Core Viewpoint - Company plans to acquire 31% stake in Noah Changtian for a total of 144 million yuan, aiming to gain controlling interest in the company and indirectly control SkyHigh Memory Limited (SHM) [2] Group 1: Acquisition Details - The acquisition will increase the company's stake in Noah Changtian to 51%, allowing for control over SHM, which is a semiconductor company focused on high-performance 2D NAND and derivative memory products [2] - As of the announcement date, the company directly holds 20% of Noah Changtian and is a limited partner in a fund that also holds 20% of the investment [2] Group 2: SHM Overview - SHM is registered in Hong Kong and specializes in high-performance 2D NAND and related memory products, with a strong focus on firmware algorithm development and storage chip testing solutions [2][3] - The company has established engineering centers in South Korea and Japan, along with sales offices across Asia, Europe, and North America, creating a robust global sales network [3] Group 3: Business Synergies - The acquisition is expected to enhance the company's core competitiveness in the memory chip sector and expand its product line through synergies with SHM [3][4] - There is a complementary relationship between the company's main products (NOR Flash, EEPROM) and SHM's products (SLC NAND, eMMC, MCP), allowing for a comprehensive non-volatile memory product layout [4] - The company primarily generates revenue from the Chinese market, while SHM's revenue mainly comes from overseas, creating a complementary sales channel that covers a global market [4]
普冉股份计划收购诺亚长天31%股权