Dioo Microcircuits (SH:688381) 2 1 Shi Ji Jing Ji Bao Dao·2025-12-06 13:29Core Viewpoint - The company DiAo Microelectronics (帝奥微) has decided to terminate its plan to acquire 100% of Rongpai Semiconductor (荣湃半导体) and raise matching funds due to disagreements on key terms of the transaction [1][3]. Group 1: Transaction Details - The termination of the acquisition was a mutual decision after multiple discussions regarding the feasibility, core terms, and pricing of the transaction failed to reach an agreement [3]. - The company has committed to not planning any major asset restructuring for at least one month following the announcement of the termination [3]. Group 2: Company Performance - For the first three quarters of 2025, DiAo Microelectronics reported total revenue of 457 million yuan, representing a year-on-year increase of 11.41% [4]. - The company experienced a net loss attributable to shareholders of 24.28 million yuan, compared to a profit of 18.33 million yuan in the same period last year [4]. - The company's non-recurring net loss was 56.50 million yuan, worsening from a loss of 22.50 million yuan in the previous year [4]. Group 3: Company Background and Stakeholders - DiAo Microelectronics specializes in the research, design, and sales of high-performance analog chips, while Rongpai Semiconductor also focuses on high-performance, high-quality analog chip design and sales [3]. - Xiaomi's Changjiang Industrial Fund holds a 3.5% stake in Rongpai Semiconductor and also owns 3.87% of DiAo Microelectronics, indicating a strategic partnership within Xiaomi's ecosystem [4]. - DiAo Microelectronics has several products integrated into Xiaomi smartphones and other 5G terminal devices [4].