重大资产重组草案出炉，拟切入芯片赛道

Core Viewpoint - Tongye Technology plans to acquire 91.69% of Beijing Siling Semiconductor Technology Co., Ltd. for approximately 561 million yuan, marking a significant asset restructuring [1][3]. Group 1: Acquisition Details - The acquisition price for 91.69% of Siling Semiconductor is about 561 million yuan [1]. - The initial plan was to acquire 100% of Siling Semiconductor, but it was adjusted to 91.69% after negotiations with stakeholders [3]. - The transaction involves the transfer of 6% of Tongye Technology's shares from its controlling shareholders to Siling Semiconductor's actual controller [5]. Group 2: Financial Performance - As of December 26, Tongye Technology's stock price was 26.55 yuan per share, with a market capitalization of 3.8 billion yuan [2]. - For the first three quarters of 2025, Tongye Technology reported revenue of approximately 294 million yuan, a year-on-year increase of 11.97%, and a net profit of about 26.61 million yuan, a year-on-year decrease of 15.56% [7]. Group 3: Strategic Implications - The acquisition will allow Tongye Technology to enter the power IoT communication chip market, focusing on high-speed power line carrier communication chips and modules [6]. - The integration of technologies and marketing strategies between Tongye Technology and Siling Semiconductor is expected to enhance market efficiency and competitiveness in both the rail transit and power IoT sectors [8]. - The performance commitment for Siling Semiconductor includes a cumulative net profit of no less than 175 million yuan for the years 2026, 2027, and 2028 [8].