Core Viewpoint - Huatian Technology plans to acquire 100% of Huayi Microelectronics through a combination of share issuance and cash payment, aiming to enhance its capabilities in the semiconductor power device sector [1][2]. Group 1: Company Overview - Huayi Microelectronics is one of the few high-tech enterprises in China that integrates research and design, packaging testing, reliability verification, and system solutions for power devices [1]. - The company has a strong R&D team with international experience in semiconductor power device design and core packaging testing technology [1]. Group 2: Business Strategy - Huayi Microelectronics employs a "design + packaging testing" dual-driven business strategy, leading the semiconductor power device market in Shaanxi Province in terms of revenue and market share for 2024 [2]. - The design business focuses on high-performance power devices, serving clients such as BYD, DJI, and H3C across high-growth sectors like automotive and renewable energy [2]. Group 3: Financial Performance - Since 2025, Huayi Microelectronics has seen a continuous increase in quarterly profits, with an expected net profit of over 30 million yuan in Q3 2025, representing a more than 80% quarter-on-quarter growth [2]. - The company anticipates sustained positive performance due to effective cost reduction measures, rising capacity utilization, and stable customer relationships [2]. Group 4: Strategic Benefits of the Acquisition - The acquisition will allow the listed company to quickly enhance its packaging testing business and expand its offerings in power device packaging testing, covering various segments [3]. - It will also enable the company to extend its own brand product development, design, and sales in automotive, industrial, and consumer-grade power devices, creating a second growth curve [3]. - The transaction is expected to maximize customer resource value for both the listed company and Huayi Microelectronics, enhancing customer loyalty through comprehensive product and service offerings [3].

公司功率器件产品包 括STD系列、FR系列、HER系列、SF系列、SKY系列、ZENER系列、光伏旁路轴 式系列、光伏旁路模块系列、光伏旁路贴片系列、功率MOS系列等，按领域主要分为消费电子、新能 源和车规电子三类，目前以新能源和消费电子类产品为主，车规电子类产品处于验证中。 在消费电子领域，钜芯科技在不断进行技术积累迭代的同时保持对功率器件市场的敏锐度，在对现有市 场深耕的同时积极进行新产品的开发和推广，目前公司已推出新型功率器件GBU、TO-252、TO-220等 型号产品，应用于电动工具、安防、充电桩、智能电 网等领域，产品已应用于美的、格力、 格兰仕等 大型白色家电生产厂商，未来公司新型功率器件产品营收规模将会增长。 在新能源领域，公司主要客户包括快可电子、通灵股份、泽润新能、人和光伏、中环赛特、晶科光伏等 光伏接线盒厂，公司产品已广泛应用于天合光能、晶澳科技、隆基绿能、晶科能源、通威股份、正泰新 能等主流光伏组件厂，并建立深度合作关系。在车规产品开拓方面，公司已通过IATF-16949体系认证， 且部分MOSFET产品已通过AEC-Q101产品认证。 近日，北交所正式受理了安徽钜芯半导体科技股份有限 ...

Core Viewpoint - Anhui Juxin Semiconductor Technology Co., Ltd. officially listed on the Beijing Stock Exchange as a "hidden champion" in photovoltaic power devices, aiming to raise 295 million yuan through the issuance of up to 30 million shares [1] Group 1: Company Overview - The company specializes in the research, development, packaging, testing, production, and sales of semiconductor power devices and chips, focusing primarily on photovoltaic component protection power devices [2] - The product line includes rectifiers, fast recovery, ultra-fast recovery, Schottky diodes, transient voltage suppressors (TVS), rectifier bridge stacks, and MOSFETs [2] Group 2: Financial and Shareholder Information - As of the signing date of the prospectus, the controlling shareholder, Cao Sungeng, directly holds 53.54 million shares, accounting for 59.49% of the total shares, and indirectly controls 8.38% of the voting rights through Juxin Partnership, totaling 67.87% of the voting rights [2] - The company has 15 institutional shareholders, with one having completed the private investment fund filing process [2] Group 3: Historical Milestones - On July 29, 2023, the shareholders' meeting approved the overall change to a joint-stock company [4] - On August 25, 2023, the company completed the business registration and changed its name to Anhui Juxin Semiconductor Technology Co., Ltd. [5] - The company signed a listing guidance agreement with Haitong Securities on November 17, 2023, originally planning to list on the Shenzhen Stock Exchange's Growth Enterprise Market [6] - Throughout 2024, the company underwent multiple rounds of capital increases, raising its registered capital to 83.49 million yuan [7] - On January 2, 2025, the company was listed on the New Third Board with the stock code 874103 [8] - On June 24, 2025, the company passed the listing guidance acceptance by the Anhui Securities Regulatory Bureau and submitted listing application materials to the Beijing Stock Exchange [10]