拓荆科技股份有限公司关于与关联方共同投资暨关联交易的公告

Investment Overview - The company plans to invest in Ningbo Xinfeng Precision Technology Co., Ltd. (referred to as "Xinfeng Precision") alongside its affiliate Fengquan Venture Capital (Zhangjiagang) Partnership (Limited Partnership) [2][4] - The company intends to acquire up to RMB 270,000,001 for a 16.4154% stake in Xinfeng Precision, while Fengquan Venture Capital will invest RMB 30,000,000 for a 1.8239% stake [2][4] Transaction Details - The investment involves acquiring shares from existing shareholders of Xinfeng Precision, with the total registered capital increasing from RMB 57,891,044 to RMB 60,819,616 after the investment [6][17] - The investment is structured as a joint investment with an affiliate, constituting a related party transaction but not classified as a major asset restructuring under relevant regulations [2][6] Company Strategy - The investment aligns with the company's strategic plan to enhance its industrial layout and synergy in the semiconductor equipment sector [24] - Xinfeng Precision focuses on developing and manufacturing thinning, dicing, and cutting equipment for 3D integration and advanced packaging processes, indicating significant growth potential [4][24] Financial Aspects - The pre-investment valuation of Xinfeng Precision is set at RMB 180 million, with the pre-transaction valuation for the share transfer at RMB 156.56 million [15] - The company and Fengquan Venture Capital will contribute cash for their respective equity stakes, ensuring fair pricing and compliance with legal regulations [15][24] Approval Process - The transaction has been approved by the company's board of directors and will be submitted for shareholder approval, with related parties abstaining from voting [27][28] - The company has followed the necessary procedures for related party transactions, ensuring transparency and compliance with regulations [28][68] Future Implications - The investment is expected to positively impact the company's operational development without affecting its independence or financial stability [24][68] - The company will continue to monitor the performance of Xinfeng Precision and the overall market conditions to mitigate potential risks associated with the investment [3][25]