芯片重要并购终止 双方均有小米系参股

Core Viewpoint - The company DiAo Microelectronics (688381) has decided to terminate the acquisition of 100% equity in Rongpai Semiconductor (Shanghai) Co., Ltd. and the related fundraising activities due to failure to reach consensus on key terms of the transaction [1][4]. Group 1: Transaction Details - The termination of the transaction was a result of multiple discussions regarding the feasibility, core terms, and pricing of the deal, where the parties could not agree on essential aspects such as transaction scheme and performance commitments [4]. - All parties involved have mutually agreed to terminate the transaction planning [4]. - The company has committed not to plan any major asset restructuring for at least one month following the announcement of the termination [4]. 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% [5]. - The company recorded 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 [5]. - The company's net profit excluding non-recurring items was a loss of 56.50 million yuan, worsening from a loss of 22.50 million yuan in the previous year [5]. Group 3: Market Position - DiAo Microelectronics is a key partner in the Xiaomi ecosystem, with several of its products being utilized in Xiaomi's 5G terminal devices [5]. - Xiaomi Changjiang Industrial Fund holds a 3.5% stake in Rongpai Semiconductor and a 3.87% stake in DiAo Microelectronics [5]. - As of December 5, the company's stock closed at 24.23 yuan per share, with a total market capitalization of 6 billion yuan [6].