重大资产重组终止，超700亿市值公司，芯原股份突发公告

Core Viewpoint - Chipone Technology announced the termination of a major asset restructuring plan due to discrepancies between the core demands of the target company's management and the market environment, policy requirements, and the interests of the company and its shareholders [2][4]. Group 1: Termination of Major Asset Restructuring - Chipone Technology intended to acquire 97.007% of the equity of Chipwise Semiconductor Technology (Shanghai) Co., Ltd. through a combination of share issuance and cash payment [2]. - The termination was agreed upon after the target company's management and counterparties notified Chipone Technology of their decision to halt the transaction [2][4]. Group 2: New Investment Initiative - Following the termination, Chipone Technology plans to invest in a special purpose company, TianSuiXinYuan Technology (Shanghai) Co., Ltd., to acquire control of Zhudian Semiconductor (Shanghai) Co., Ltd. [4]. - TianSuiXinYuan will increase its registered capital by 94 million yuan, with Chipone Technology contributing 20 million yuan in equity and 35 million yuan in cash [4]. - Post-investment, Chipone Technology will hold a 40% stake in TianSuiXinYuan, becoming its largest single shareholder and gaining control over the majority of the board seats [4]. Group 3: Company Performance and Market Activity - Chipone Technology reported a record high revenue of 1.28 billion yuan in Q3, with a significant quarter-on-quarter increase of 119.26% and a year-on-year increase of 78.38% [7]. - The net profit attributable to shareholders was a loss of 26.85 million yuan, but the loss narrowed significantly compared to previous periods, with reductions of 75.82% and 73.02% respectively [7]. - The company's stock price has seen a notable increase, rising over 7% on December 12 and accumulating a rise of over 180% since the beginning of the year [8].