Core Viewpoint - Chip Origin Co., Ltd. has terminated the acquisition of 97.0070% equity in Chip Lai Zhi Rong Semiconductor Technology (Shanghai) Co., Ltd. due to discrepancies between the core demands of the management and the market environment, policy requirements, and the interests of the company and all shareholders [1][5]. Group 1: Termination of Acquisition - The termination of the acquisition was announced on December 12, with the company stating that it had conducted thorough research before making the decision [3]. - The reasons for the termination include misalignment of key demands from the target company's management and the transaction counterpart with the current market environment and policy requirements [5]. - The company reassured that this termination will not adversely affect its normal business operations or the interests of shareholders, particularly minority shareholders [5]. Group 2: Future Plans and Investments - Chip Origin will continue to strengthen its layout in the RISC-V field and maintain and deepen its cooperative relationship with Chip Lai Zhi Rong as a shareholder [5]. - The company announced a new investment in Tian Sui Xin Yuan Technology (Shanghai) Co., Ltd. to acquire control of Zhu Dian Semiconductor (Shanghai) Co., Ltd. [7][10]. - The registered capital of Tian Sui Xin Yuan will be increased to 940 million yuan, with Chip Origin contributing 20 million yuan in shares and 350 million yuan in cash [10]. - After the investment, Chip Origin will hold 40% of Tian Sui Xin Yuan, becoming its largest single shareholder and gaining control over the majority of board seats [10]. Group 3: Company Performance - Chip Origin's stock price has seen a significant increase, rising over 180% year-to-date, with a closing price of 149.04 yuan per share and a total market capitalization of 78.4 billion yuan as of December 12 [12].
突然终止收购!芯片“大牛股”官宣