AMEC(SH:688012) Zheng Quan Shi Bao Wang·2026-01-02 14:49Core Viewpoint - The company plans to acquire a 64.69% stake in Hangzhou Zhonggui through a combination of issuing shares and cash payments, aiming to enhance its capabilities in the semiconductor equipment sector by integrating wet processing technology with its existing dry processing technologies [1][2] Group 1: Acquisition Details - The company intends to purchase the stake from 41 trading parties, including Hangzhou Zhongxin Silicon and Ningrong Haichuan [1] - The acquisition will be funded by issuing shares to no more than 35 specific investors [1] - Hangzhou Zhonggui specializes in the research, production, and sales of Chemical Mechanical Polishing (CMP) equipment, a core technology in wet processing [1] Group 2: Strategic Implications - Post-acquisition, the company will possess capabilities in "etching + film deposition + measurement + wet processing," marking a significant transition to a comprehensive solution provider [2] - This integration will fill a gap in the company's wet processing equipment offerings and enhance its ability to provide system-level solutions to clients [2] - The company aims to meet the increasing demands for process synergy, line stability, and overall efficiency from advanced wafer and storage manufacturers [2] Group 3: Financial Overview - Hangzhou Zhonggui reported revenues of 108 million yuan, 52.87 million yuan, and 128 million yuan for the years 2023, 2024, and January-November 2025, respectively [2] - The net profits for the same periods were -150 million yuan, 16.2 million yuan, and 12.4 million yuan [2] - The projected revenue for Hangzhou Zhonggui in 2025 is approximately 240 million yuan [2]