康希通信终止筹划重大资产重组，变更为战略投资

Core Viewpoint - 康希通信 has terminated its plan for a major asset restructuring involving the acquisition of a 51% stake in Shenzhen Chip Zhongxin Technology Co., Ltd. (芯中芯) due to unfavorable conditions for implementation. Instead, the company will acquire a 35% stake, increasing its total ownership to 37.77% [2][4]. Group 1: Acquisition and Restructuring - 康希通信 initially planned to acquire a 51% stake in 芯中芯, which would have allowed it to gain control over the company. However, the conditions for this major asset restructuring were deemed not mature enough, leading to the termination of the plan [2][4]. - The new investment plan, which involves acquiring 35% of 芯中芯, does not constitute a major asset restructuring as defined by regulations, thus avoiding the need for further approval processes [3][4]. Group 2: Financial Performance - 芯中芯 reported a revenue of 395 million yuan and a net profit of 16.1 million yuan for the year 2024. In the first quarter of 2025, it achieved a revenue of 118 million yuan and a net profit of 12.9 million yuan [4][5]. - 康希通信's financial performance showed a revenue of 523 million yuan in 2024, a year-on-year increase of 25.98%. However, the net profit was a loss of 76.1 million yuan, a significant decline of 867.3% compared to the previous year. In the first quarter of 2025, the revenue was 135 million yuan, a 64.53% increase year-on-year, but the net loss expanded to 30.2 million yuan [6][7]. Group 3: Company Overview - 康希通信 focuses on the research and design of RF front-end chips, particularly high-performance Wi-Fi RF front-end chips and modules. Its product offerings include Wi-Fi FEM, IoT FEM, V2X FEM, and drone applications [5][6]. - 芯中芯 specializes in providing high-end smart products and solutions, integrating research, production, and marketing, with a focus on wireless RF product development and IoT solutions [4].