Core Viewpoint - The company plans to acquire 100% equity of ChipMinds Microelectronics (Jiaxing) Co., Ltd. for a total consideration of 316 million yuan, which will make ChipMinds a wholly-owned subsidiary and included in the company's consolidated financial statements [1] Group 1 - The acquisition price is set at 316 million yuan [1] - ChipMinds has a strong technological foundation and complete product solutions in the fields of IoT, automotive networking, and mobile smart terminals [1] - The target company has completed the tape-out of six chip models, with one chip already generating revenue in applications such as IoT modules, smart student cards, and mobile smart terminals [1]

Core Viewpoint - Fangzheng Technology's stock surged by 9.93% on August 15, reaching a price of 6.75 yuan per share, with a trading volume of 2.044 billion yuan and a turnover rate of 7.55%, resulting in a total market capitalization of 28.848 billion yuan [1] Company Overview - Fangzheng Technology Group Co., Ltd. is located at 1515 Nanjing West Road, Shanghai, and specializes in the design, research and development, production, and manufacturing of PCB products, offering QTA and NPI services [1] - The company's product range includes high-density interconnect boards, multilayer boards, and rigid-flex boards, which are widely used in mobile smart terminals, 5G communications, data centers, and industrial control [1] Financial Performance - For the period from January to March 2025, Fangzheng Technology reported operating revenue of 0.952 billion yuan, representing a year-on-year growth of 23.68% [1] - The net profit attributable to shareholders for the same period was 78.4772 million yuan, showing a year-on-year increase of 2.04% [1] - As of March 31, the number of shareholders for Fangzheng Technology was 238,100, with an average of 17,500 circulating shares per shareholder [1]