Zheng Quan Shi Bao·2026-01-19 22:48Core Viewpoint - The company, Yingfang Microelectronics, plans to acquire 100% of Shanghai Xiaokeli Information Technology Co., Ltd. and FIRST TECHNOLOGY CHINA LIMITED through a combination of share issuance and cash payment, along with raising matching funds [1][3]. Group 1: Transaction Details - The board of directors approved the asset acquisition and fundraising plan on January 19, with the transaction expected to constitute a major asset restructuring [3]. - The valuation and pricing of the target assets have not been finalized, and the transaction requires approval from the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission [3]. - The company's stock is set to resume trading on January 20, 2026, after a suspension [3]. Group 2: Business Impact - Prior to the restructuring, the company's main business included electronic component distribution and integrated circuit chip R&D, design, and sales [4]. - Shanghai Xiaokeli is a professional distributor of electronic components and application solutions, while FIRST TECHNOLOGY CHINA LIMITED focuses on semiconductor equipment distribution [4]. - The acquisition is expected to enhance the company's market share and business scale in electronic component distribution, while also adding semiconductor equipment distribution to its product portfolio [4]. - This transaction aims to strengthen the existing core business, expand the customer base, and improve profitability, sustainability, and resilience against market fluctuations [4].