Core Viewpoint - Zhongwei Company (688012) announced plans to acquire 64.69% equity of Hangzhou Zhongxin Silicon from 41 trading parties through a combination of share issuance and cash payment, aiming to enhance its capabilities in the semiconductor equipment sector [1] Group 1: Acquisition Details - The acquisition involves the purchase of equity from Hangzhou Zhongxin Silicon, which specializes in the research, production, and sales of Chemical Mechanical Polishing (CMP) equipment [1] - The company plans to raise supporting funds by issuing shares to no more than 35 specific investors [1] Group 2: Business Impact - The target company is one of the few in China that has mastered the core technology for 12-inch high-end CMP equipment and has achieved mass production [1] - This transaction will enable the company to integrate four core process capabilities: etching, film deposition, measurement, and wet processes, marking a significant transition from dry to a combined dry and wet solution [1] Group 3: Stock Information - The company's stock is set to resume trading on January 5, 2026 [1]

Core Viewpoint - The major shareholder of Zhongwei Semiconductor Equipment (Shanghai) Co., Ltd. plans to reduce its stake through block trading while the company is also planning to issue shares to acquire assets and raise matching funds, leading to a temporary suspension of its stock trading [1][9]. Shareholder Information - As of the announcement date, Shanghai Chuangtou holds 93,483,533 shares of Zhongwei, accounting for 14.93% of the total share capital [2]. Reduction Plan Progress - On December 1, 2025, the company announced that Shanghai Chuangtou plans to reduce its holdings by up to 1% of the total share capital, which is 6,261,453 shares, within three months after the 15 trading days following the announcement [3]. - As of December 18, 2025, the reduction period has not yet started, and the plan has not been implemented due to the company's ongoing asset acquisition and fundraising plans [4]. Impact of Reduction Plan - The implementation of the reduction plan will not lead to a change in the company's controlling interest and will not affect the company's governance structure, shareholding structure, or ongoing operations [6]. Trading Suspension - The company's stock will be suspended from trading starting December 19, 2025, due to the planned issuance of shares to acquire the controlling interest in Hangzhou Zhonggui Electronics Technology Co., Ltd. [11]. - The suspension is expected to last no more than 10 trading days, and the company will disclose further information as the situation progresses [11]. Transaction Details - The transaction involves acquiring the controlling interest in Hangzhou Zhonggui, which specializes in the research, production, and sales of high-end Chemical Mechanical Polishing (CMP) equipment [12]. - The company aims to strengthen its core technology and provide more competitive integrated process solutions through this acquisition, marking a significant step towards a "group" and "platform" strategy [15][16].

Core Viewpoint - The company is planning to acquire a controlling stake in Hangzhou Zhonggui Electronic Technology Co., Ltd. through a share issuance and raise supporting funds, aiming to enhance its semiconductor equipment platform and technology portfolio [1][2]. Group 1: Transaction Details - The transaction is currently in the planning stage, with auditing and valuation work not yet completed, and the asset pricing remains undetermined [1]. - The company has applied for a trading suspension starting December 19, with an expected duration of no more than 10 trading days [1]. - The acquisition does not constitute a major asset restructuring or related party transaction, and it will not change the actual controller of the company [1]. Group 2: Strategic Purpose - The acquisition is part of the company's strategy to build a world-class semiconductor equipment platform and strengthen its core technology offerings, aiming to provide more competitive integrated process solutions to customers [2]. - The company’s main products include plasma etching and thin film deposition equipment, while Hangzhou Zhonggui specializes in chemical mechanical polishing (CMP) equipment, which is crucial for semiconductor processing [2]. - This merger is expected to create significant strategic synergies and marks a key step towards the company's "group" and "platform" development, aligning with its strategy of combining organic growth with external acquisitions [2]. Group 3: Financial Performance - In the first three quarters of the year, the company achieved revenue of 8.063 billion yuan, a year-on-year increase of approximately 46.40% [3]. - Revenue from etching equipment reached 6.101 billion yuan, growing by about 38.26% year-on-year, while revenue from thin film equipment, including LPCVD and ALD, surged to 403 million yuan, reflecting a year-on-year increase of approximately 1332.69% [3]. - The net profit attributable to the parent company for the same period was 1.211 billion yuan, representing a year-on-year growth of approximately 32.66% [3].

Core Viewpoint - The company is planning to acquire a controlling stake in Hangzhou Zhonggui Electronic Technology Co., Ltd. through a share issuance and raise supporting funds, aiming to enhance its semiconductor equipment platform and technology integration [2][3] Group 1: Transaction Details - The transaction is currently in the planning stage, with auditing and valuation work not yet completed, and the asset valuation and pricing are still undetermined [2] - The transaction does not constitute a major asset restructuring or related party transaction, and it will not lead to a change in the company's actual controller [2] - The company's stock will be suspended from trading starting December 19, with an expected suspension period of no more than 10 trading days [2] Group 2: Strategic Purpose - The acquisition is part of the company's strategy to build a world-class semiconductor equipment platform and strengthen its core technology portfolio, aiming to provide more competitive integrated process solutions [3] - The company specializes in plasma etching and thin film deposition equipment, while Hangzhou Zhonggui focuses on chemical mechanical polishing (CMP) equipment, which is crucial for semiconductor processing [3] - This merger is expected to create significant strategic synergies and marks a key step towards the company's goal of becoming more integrated and platform-oriented [3] Group 3: Financial Performance - In the first three quarters of the year, the company achieved revenue of 8.063 billion yuan, a year-on-year increase of approximately 46.40% [4] - Revenue from etching equipment reached 6.101 billion yuan, up approximately 38.26% year-on-year, while revenue from thin film equipment like LPCVD and ALD surged by approximately 1332.69% to 403 million yuan [4] - The net profit attributable to shareholders for the same period was 1.211 billion yuan, reflecting a year-on-year growth of approximately 32.66% [4]