中微公司拟买杭州众硅64.69%股权 标的连亏2年11个月

Core Viewpoint - Zhongwei Company (688012.SH) has resumed trading and announced a plan to acquire 64.69% of Hangzhou Zhonggui Electronic Technology Co., Ltd. through a combination of issuing shares and cash payment [1][3]. Group 1: Transaction Details - The final transaction price will be based on an evaluation report from a qualified asset appraisal agency, and the company will sign a supplementary agreement after the audit and evaluation are completed [1]. - The share issuance price is set at 216.77 yuan per share, which is not less than 80% of the average trading price over the 20 trading days prior to the announcement [1][2]. - The company plans to raise matching funds through an inquiry method from no more than 35 specific investors, with the total amount not exceeding 100% of the transaction price [2]. Group 2: Financial Implications - The raised funds will be used for cash consideration, intermediary fees, transaction taxes, project construction, and to supplement working capital for both the listed company and the target company [2]. - The transaction is not expected to constitute a related party transaction or a major asset restructuring, and it will not change the control of the listed company [3]. Group 3: Business Operations - Before the transaction, Zhongwei Company specializes in the R&D, production, and sales of high-end semiconductor equipment, providing etching, thin film, and MOCVD equipment to downstream manufacturers [3]. - The target company specializes in the R&D, production, and sales of Chemical Mechanical Planarization (CMP) equipment, being one of the few domestic companies capable of mass production of 12-inch high-end CMP equipment [3][4]. Group 4: Strategic Benefits - This acquisition will enable Zhongwei Company to integrate "etching + thin film deposition + measurement + wet process" capabilities, filling a gap in the wet equipment sector and enhancing its ability to provide comprehensive solutions [4]. - The integration will allow the company to meet the increasing demands for process synergy, line stability, and overall efficiency from advanced wafer and storage manufacturers, thereby improving customer loyalty and accelerating market penetration [4]. Group 5: Financial Performance of Target Company - The target company, Hangzhou Zhonggui, reported total revenues of 108.36 million yuan, 52.87 million yuan, and 128.44 million yuan for the years 2023, 2024, and January to November 2025, respectively, with net losses of -150.49 million yuan, -161.50 million yuan, and -123.79 million yuan for the same periods [5][6].