A股突发！芯片大牛股，终止重组！

Core Viewpoint - The major asset restructuring plan of Chip Origin Technology has been abruptly terminated due to discrepancies between the core demands of the management and the transaction counterpart and the market environment, policy requirements, and the interests of the company and all shareholders [2][5][7]. Group 1: Termination of Major Asset Restructuring - On December 12, Chip Origin Technology announced the termination of its acquisition of 97.0070% equity in Xinlai Zhiyuan Semiconductor Technology [2][5]. - The termination was agreed upon after careful consideration to protect the interests of the company and all shareholders, as the key demands from Xinlai Zhiyuan's management did not align with market conditions and policy requirements [5][7]. - The company stated that this termination will not adversely affect its normal business operations and will not harm the interests of shareholders, especially minority shareholders [7]. Group 2: Company Performance and Market Position - As of December 12, Chip Origin Technology's stock price had increased by over 184% year-to-date, with a total market capitalization of 783.7 billion [2][8]. - The company specializes in providing platform-based, comprehensive, and one-stop chip customization services and semiconductor IP licensing, with a focus on RISC-V architecture [10]. - In the first three quarters of this year, the company achieved revenue of 22.55 billion, a year-on-year increase of 36.64%, while the net profit attributable to shareholders was a loss of 3.47 billion, a reduction of 4915.88 million compared to the previous year [10]. Group 3: Future Plans and Collaborations - Chip Origin Technology plans to continue strengthening its layout in the RISC-V field and will maintain and deepen its cooperative relationship with Xinlai Zhiyuan as a shareholder [7]. - The company aims to expand collaborations with multiple RISC-V IP core suppliers to promote the rapid development of the RISC-V ecosystem in China [7]. - The company has reported a significant increase in new orders, with 15.93 billion in new orders signed in the third quarter of 2025, a year-on-year growth of 145.80%, with AI computing-related orders accounting for approximately 65% [11].