TECHSEM(SZ:300046) Chang Jiang Shang Bao·2025-12-17 00:35Core Viewpoint - Taiji Co., Ltd. has received approval from the Hubei Provincial State-owned Assets Supervision and Administration Commission for the indirect transfer of actual control to Changjiang Industry Group, marking a significant shift in the company's ownership structure [1][2]. Group 1: Company Overview - Taiji Co., Ltd. is headquartered in Xiangyang, Hubei, and is the first listed company in China specializing in high-power semiconductor devices, leading in the field of power semiconductor devices [1]. - The company's main products include high-power thyristors, rectifiers, power semiconductor modules, and pulse power switches [1]. Group 2: Share Transfer Details - In June 2025, the actual controller, Xing Yan, plans to transfer 5,767,600 shares (approximately 32.04% of Xin Yiyuan's equity) to Changjiang Industry Group at a price of 74.59 yuan per share, totaling 430 million yuan [1]. - After the transfer, Changjiang Industry Group will control 62,258,000 shares with voting rights, accounting for 26.32% of Taiji Co., Ltd.'s total share capital [2]. Group 3: Strategic Implications - Changjiang Industry Group aims to empower Taiji Co., Ltd. through "industry + capital" strategies, enhancing its position in the high-power thyristor sector and expanding its layout in power semiconductors [2]. - The group plans to focus on the development of core components related to SiC (silicon carbide) and GaN (gallium nitride), positioning Taiji Co., Ltd. as a leader in the power semiconductor field [2]. - The acquisition will enable Changjiang Industry Group to integrate local semiconductor industry resources, fostering a semiconductor industry cluster in Hubei and promoting collaborative development in semiconductor materials, equipment, and testing [2].