中微公司筹划重大资产收购

Core Viewpoint - The article discusses the suspension of trading for Zhongwei Semiconductor Equipment (Shanghai) Co., Ltd. due to its plan to acquire controlling stakes in Hangzhou Zhonggui Electronic Technology Co., Ltd. This acquisition aims to enhance its semiconductor equipment business and strengthen its core competitiveness [1][6]. Summary by Sections Trading Suspension Announcement - Zhongwei Company announced a trading suspension starting December 19, 2025, due to the planning of issuing shares to acquire assets and raise matching funds, with the suspension expected to last no more than 10 trading days [1]. - The transaction is still in the planning stage, with auditing and evaluation work not yet completed, and the valuation and pricing of the target assets remain undetermined [1]. Target Company Overview - Hangzhou Zhonggui, established in May 2018, has a registered capital of 115.620108 million yuan and focuses on the research, production, and sales of high-end Chemical Mechanical Polishing (CMP) equipment, particularly 12-inch CMP equipment [3][5]. - The company has qualifications for import and export of goods and technology and possesses professional technical accumulation in the semiconductor wet processing equipment field [3]. Transaction Details - The main transaction parties include Hangzhou Zhongxin Silicon Trade Co., Ltd. and other entities, with an intention agreement signed to acquire controlling stakes in Hangzhou Zhonggui through share issuance [4]. - The final transaction price will be based on evaluations from qualified asset appraisal institutions and will be determined through negotiations among the parties involved [4]. Strategic Implications - The acquisition is expected to create significant industrial synergy, as Zhongwei's core products are plasma etching and thin film deposition equipment (dry processing), while Hangzhou Zhonggui specializes in CMP equipment (wet processing) [5]. - This transaction will enable Zhongwei to achieve business complementarity between dry and wet processing equipment, providing a more complete set of process solutions for customers, marking a key step towards a "group" and "platform" development strategy [5].