SMEI(SZ:300456) Ge Long Hui·2025-11-27 12:58Group 1 - The core point of the article is that Saiwei Electronics (300456.SZ) announced unusual stock trading fluctuations and discussed the IPO plans of its Swedish subsidiary Silex, which is in the early stages of planning and has uncertainties regarding valuation, equity structure, financing scale, and future plans [1] - The company holds a 45.24% stake in Silex, and the arrangements regarding this stake will be considered in conjunction with the overall strategic development of the company and Silex's plans, also subject to uncertainties [1] - Saiwei's subsidiary, Silex Microsystems Technology (Beijing) Co., Ltd., has received a purchase order for a MEMS-OCS product, initiating small-batch trial production, but it has not yet entered mass production, leading to uncertainties in future order volumes [1] Group 2 - The company plans to purchase part of the equity of Beijing Chip East Semiconductor Technology Co., Ltd. (Chip East) for a total transaction price not exceeding 60 million yuan [2] - As of the announcement date, the company has not yet completed the equity transfer with potential counterparties, and Chip East's lithography business is in mature processes, not involving advanced processes [2] - Chip East may face operational management and market competition risks, which could limit the short-term impact on the company's ability to reduce key equipment supply risks and increase the application ratio of domestic equipment [2]