来源：公司公告 中科通达9月19日晚间公告，鉴于公司与交易对方最终未能就交易方案的部分核心条款达成一致，为切实维护 公司及全体股东利益，经公司充分审慎研究及与交易相关方协商，决定终止发行股份及支付现金购买资产并 募集配套资金暨关联交易事项。 公告显示，公司于9月19日分别召开第五届董事会第十一次会议、第五届监事会第八次会议，审议通过了《关 于终止发行股份及支付现金购买资产并募集配套资金暨关联交易事项的议案》和《关于公司与交易对方签署 终止协议的议案》，同意公司终止本次发行股份及支付现金购买资产并募集配套资金暨关联交易事项，以及 与交易对方签署相关终止协议，并授权公司管理层办理终止本次交易相关事宜。 2025年上半年，中科通达实现营业收入8288.49万元，同比下降51.96%；实现归属于上市公司股东的净利 润-84.98万元，同比下降112.14%。上半年累计完成回款15248.63万元，同比增长52.88%。 中科通达在2025年半年报中表示，因受到行业投资规模下降以及客户需求延迟影响，公司项目招投标、合同 签订以及验收进度普遍延后，新获项目数量及项目金额均低于预期，公司营业收入、净利润同比下滑。得益 于回 ...

Core Viewpoint - The company plans to sell its subsidiaries and business assets to Luxshare Precision and Luxshare Communications for a total cash consideration of approximately 438.95 million yuan, aiming to strategically exit the product integration business and focus on semiconductor operations, enhancing its competitive position in the global power semiconductor industry [5][10][12]. Group 1: Transaction Overview - The transaction involves the cash sale of 100% equity stakes in subsidiaries including Kunming Wenshun, Huangshi Zhitong, and others, along with business asset packages from subsidiaries such as Wuxi Wenta and India Wenta [5][6]. - The total transaction price is set at 438,946.09 thousand yuan, based on the audited net asset value of the target assets [5][10]. - The payment structure includes an initial payment of 119,624.11 thousand yuan and subsequent payments upon completion of the transaction [6][7]. Group 2: Impact on Company Operations - The company will shift its focus from product integration, which has been affected by geopolitical factors and market competition, to semiconductor business, which is expected to enhance profitability and operational efficiency [10][12][13]. - The restructuring is anticipated to lead to a significant decrease in revenue from 7,359,798.59 thousand yuan to 1,525,554.13 thousand yuan, while net profit is expected to improve from a loss of 285,794.40 thousand yuan to a profit of 134,083.96 thousand yuan [11][12]. Group 3: Financial Metrics - Post-transaction, total assets are projected to decrease from 7,497,751.45 thousand yuan to 6,640,017.10 thousand yuan, while total liabilities will drop from 4,013,679.89 thousand yuan to 3,159,148.00 thousand yuan, resulting in a reduction of the asset-liability ratio by 5.95 percentage points [11][12]. - The company aims to improve its financial quality and resource allocation efficiency through this strategic move, which aligns with its long-term growth objectives [13][14]. Group 4: Regulatory and Approval Process - The transaction has undergone necessary board approvals and is pending further regulatory approvals, including those from the China Securities Regulatory Commission [15][19]. - The company has committed to strict compliance with information disclosure obligations to protect the interests of minority investors throughout the transaction process [16][18].