Core Viewpoint - Ankai Micro plans to acquire 85.79% of Sichao Technology for a total consideration of RMB 326 million, which will make Sichao a subsidiary of Ankai Micro [2] Group 1: Acquisition Details - The acquisition involves cash payment for Sichao Technology, which specializes in innovative, high-performance, ultra-low-power IoT chip design [2] - The registered capital of Sichao Technology is USD 339,200 [2] Group 2: Business Synergies - The acquisition is expected to create business synergies in product, technology, market, and supply chain areas [2][3] - Sichao Technology will enhance Ankai Micro's product offerings in low-power Bluetooth processors, particularly in smart home and wearable technology [3] Group 3: Technical Integration - Ankai Micro will leverage Sichao Technology's core technologies in ultra-low power, Bluetooth communication, analog RF, power management, and graphics engines to enhance its overall technical capabilities [3] - The integration of R&D resources is aimed at improving product competitiveness [3] Group 4: Market and Customer Expansion - The collaboration will utilize both companies' market and customer advantages to consolidate existing market share and explore new market opportunities [3] - The integration of supply chain resources is expected to create scale effects and enhance supply chain advantages [3] Group 5: Overall Business Development - The transaction will enrich Ankai Micro's product categories and accelerate the technological upgrade of IoT application processor chips [3] - The partnership aims to improve customer solution capabilities and strengthen market development efforts [3]