中微公司拟控股杭州众硅加速平台化

Core Viewpoint - The acquisition of Hangzhou Zhonggui by Zhongwei Company marks a significant step into the wet process equipment sector, accelerating its evolution towards a "platform-based" and "group-based" development strategy [2][10]. Group 1: Acquisition Details - Zhongwei Company plans to acquire 64.69% of Hangzhou Zhonggui's shares through a combination of issuing shares and cash payments, with the goal of making Hangzhou Zhonggui a subsidiary [2][4]. - The acquisition is expected to fill a gap in Zhongwei's wet process equipment portfolio, transitioning from dry to wet equipment [2][10]. - Hangzhou Zhonggui is projected to generate approximately 240 million yuan in revenue for the fiscal year 2025 [4][7]. Group 2: Financial Performance and Projections - Hangzhou Zhonggui has not yet achieved profitability, with cumulative losses of approximately 436 million yuan over the past three years [5][6]. - The company's total assets are reported at 1.053 billion yuan, with total liabilities of 335 million yuan and equity of 718 million yuan as of November 2025 [5]. - Zhongwei's R&D expenditure for the first three quarters of 2025 reached 2.523 billion yuan, a year-on-year increase of approximately 63.44% [3][12]. Group 3: Strategic Development - Zhongwei has invested over 2 billion yuan in approximately 40 upstream and downstream enterprises since its listing, aiming to become a world-class advanced semiconductor equipment platform [11][12]. - The company aims to increase its coverage in critical integrated circuit equipment from 30% to over 60% by 2035 [9][10]. - The acquisition is part of a broader strategy that combines internal growth with external mergers and acquisitions to enhance overall operational efficiency and profitability [11][12]. Group 4: Market Reaction - Following the announcement of the acquisition plan, Zhongwei's stock price surged by over 14%, closing at 311.33 yuan per share [8].