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Core Viewpoint - Tongwei Co., Ltd. is planning to acquire 100% equity of Qinghai Lihua Qingneng Co., Ltd. to enhance its semiconductor business, leading to a temporary suspension of its stock trading [2][4]. Group 1: Acquisition Details - The acquisition will be executed through a combination of issuing shares and cash payments, along with raising matching funds [2]. - The transaction is not expected to change the controlling shareholder or actual controller of the company and does not constitute a related party transaction or a major asset restructuring [4]. Group 2: Company Background - Lihua Qingneng, established in April 2021, focuses on the R&D, production, and sales of photovoltaic-grade high-purity silicon and electronic-grade polysilicon, with a planned total investment of 20 billion yuan [5]. - The company aims to achieve an annual production value of approximately 20 billion yuan and create over 3,000 jobs [5]. Group 3: Financial Performance - Tongwei Co., Ltd. is projected to report a net loss attributable to shareholders of approximately 9 billion to 10 billion yuan for the year 2025, indicating an increase in losses [5]. - The losses are attributed to a slowdown in the growth of new photovoltaic installations, industry supply surplus, rising core material prices, and declining product prices [6]. - As of February 24, the company's stock price was 18.16 yuan per share, with a total market capitalization of 81.756 billion yuan [7].