Core Viewpoint - The company plans to acquire a total of 11.00% equity in Beijing Chip East Semiconductor Technology Co., Ltd. for no more than 60 million yuan, which has positively impacted its stock price, leading to a 10.16% increase on November 19, closing at 29.48 yuan per share, with a market capitalization of 21.59 billion yuan [1] Group 1: Acquisition Details - The acquisition involves shares held by Hainan Yimai, Intelligent Sensor Industry Fund, Xun Yuan Investment, and Haichuang Intelligent Equipment [1] - The estimated valuation of Chip East after financing in May 2025 is 500 million yuan, with a maximum expected valuation of 520 million yuan [1] - As of September 30, 2025, Chip East's total assets are 416 million yuan, net assets are 107 million yuan, and it reported a revenue of 1.9631 million yuan with a net loss of 15.7964 million yuan for the first nine months of 2025 [1] Group 2: Strategic Intent - The company aims to enhance its semiconductor industry ecosystem, strengthen long-term cooperation with upstream suppliers, reduce supply risks of key core equipment, and increase the application ratio of domestic equipment [1] Group 3: Related Transactions and Investments - The transaction constitutes a related party transaction as Hainan Yimai and Haichuang Intelligent Equipment are controlled by the company's actual controller, Yang Yunchun [2] - A board member abstained from voting on the acquisition due to uncertainties regarding future capital increases of the acquired company [2] - The company plans to use up to 70 million USD of its own funds for securities investments, with 35 million USD allocated for domestic and international investments [2] - Recent capital operations include the acquisition of 9.50% equity in its subsidiary Silex Beijing for no more than 324 million yuan and a 56.24% stake in Zhan Cheng Technology for 157 million yuan, increasing its total stake to 61.00% [2] - The company also transferred control of its core business platform, Silex Sweden, while retaining 45.24% of its shares, receiving a payment of 2.382 billion Swedish Krona, constituting a major asset restructuring [2]

Core Viewpoint - The company, Saiwei Electronics, announced its intention to acquire a stake in Beijing Xindonglai Semiconductor Technology Co., Ltd. for a total transaction price not exceeding 60 million yuan, with an estimated valuation of Xindonglai not exceeding 520 million yuan [2][3]. Group 1: Transaction Details - The acquisition involves purchasing shares from four original shareholders, including Hainan Yimai Technology Co., Ltd. and Beijing Beigong Huaiwei Sensor Technology Investment Fund [2][3]. - If the transaction is completed, Saiwei Electronics is expected to hold no more than 11% of Xindonglai, which will become an associate company [3]. - The transaction is classified as a related party transaction due to the involvement of companies controlled by Saiwei's chairman, Yang Yunchun, who has also served as Xindonglai's chairman in the past [3]. Group 2: Xindonglai's Business Overview - Xindonglai, established in February 2023, focuses on the lithography machine sector, with capabilities in self-research and mass production of lithography machines [4]. - As of December 31, 2024, Xindonglai reported total assets of approximately 114.75 million yuan and a net asset of about 33.60 million yuan, with a revenue of approximately 76.30 million yuan and a net profit of around 7.29 million yuan for the same year [4]. - By September 30, 2025, Xindonglai's total assets increased to approximately 416.35 million yuan, with a net asset of about 106.90 million yuan, although it reported a net loss of approximately 1.58 million yuan for the first nine months of 2025 [4]. Group 3: Strategic Intent - The acquisition aligns with Saiwei Electronics' strategic planning to enhance its semiconductor industry ecosystem and strengthen long-term cooperation with upstream suppliers [4]. - The company aims to reduce supply risks for critical core equipment and increase the application ratio of domestic equipment [4]. - Xindonglai's technological expertise and professional advantages in the semiconductor equipment field are expected to support Saiwei's long-term sustainable development [4].

Core Viewpoint - The acquisition of a 56.24% stake in Qingdao Zhancheng Technology Co., Ltd. by Saiwei Electronics for 157 million yuan aims to enhance its competitive position in the semiconductor industry, particularly in MEMS chip manufacturing and EDA software development [1][2]. Group 1: Acquisition Details - Saiwei Electronics announced the acquisition of a 56.24% stake in Qingdao Zhancheng Technology for 157 million yuan, increasing its total ownership to 61% [1]. - Prior to the acquisition, Saiwei's wholly-owned subsidiary held a 4.76% stake in Zhancheng Technology [1]. - Following the transaction, Zhancheng Technology will be classified as a subsidiary and included in Saiwei's consolidated financial statements [1]. Group 2: Business Synergy - Zhancheng Technology specializes in IC design services and EDA software development, serving numerous well-known chip design companies [1][2]. - The acquisition is expected to enhance collaboration in the MEMS EDA field, leveraging Zhancheng's expertise in parasitic parameter extraction [1][2]. - Saiwei aims to expand its strategic layout in MEMS chip manufacturing and design services through this acquisition, promoting a "MEMS+" business model [2]. Group 3: Financial Performance - Zhancheng Technology is recognized as a national high-tech enterprise and has projected revenues of 166 million yuan and a net profit of approximately 11.4 million yuan for 2024 [2]. - For the first half of 2025, Zhancheng reported an unaudited revenue of approximately 85.3 million yuan and a net profit of about 9.9 million yuan [2]. - Saiwei Electronics reported a revenue of 264 million yuan and a net profit of 2.64 million yuan in the first quarter of this year, indicating a turnaround from previous losses [3].