Group 1 - The core viewpoint of the articles highlights that the semiconductor storage sector is experiencing structural growth opportunities driven by the AI wave, positioning it as a key battleground for companies to seize technological competitive advantages [1][2] - The company, Shikong Technology, is actively transitioning towards the semiconductor storage field through a dual approach of "self-built + acquisition," including the planned acquisition of 100% equity in the local Shenzhen company, Jiahe Jingwei, which is recognized as a national-level "little giant" enterprise with over 40 invention patents [1] - Shikong Technology has established two semiconductor companies in Shenzhen within the last two months, aiming to accelerate integration into the local industry ecosystem through wholly-owned subsidiaries and partnerships with local enterprises [1] Group 2 - Shenzhen is chosen as the strategic hub for the company's transformation due to its unique industrial empowerment advantages, being the core engine of the semiconductor industry in the Guangdong-Hong Kong-Macao Greater Bay Area, with a complete design, manufacturing, and testing chain [1] - The local ecosystem in Shenzhen, supported by the "20+8" industrial cluster policies, funds, and talent, creates an efficient collaborative environment for production, education, research, and application, providing comprehensive support for storage enterprises [1] - This transformation aligns with national policies aimed at strengthening and supplementing the semiconductor industry chain, allowing the company to quickly achieve cross-industry growth and contribute to the high-quality development of the domestic semiconductor storage industry [2]

Core Viewpoint - The acquisition of Shenzhen Jiahe Jingwei Electronics Technology Co., Ltd. by Shikong Technology marks a significant strategic move into the storage sector, leading to a surge in the company's stock price and market capitalization [1][2]. Group 1: Acquisition Details - Shikong Technology announced on October 22 that it plans to acquire 100% of Jiahe Jingwei through a combination of share issuance and cash payment, which is expected to constitute a major asset restructuring and related party transaction [1]. - The acquisition aims to establish a second growth curve for Shikong Technology, enhancing its profitability and transitioning towards new productive forces [1]. Group 2: Jiahe Jingwei's Market Position - Jiahe Jingwei is recognized for its strong presence in the storage sector, specializing in the research, design, production, and sales of memory modules and solid-state drives, with three major product lines: Guangwei, Asgarde, and Shenk [1]. - According to TrendForce, Jiahe Jingwei ranked second in the global DRAM module market share in 2023, with notable sales performance during the 2024 618 shopping festival [1]. Group 3: Financial Performance - As of August 31, Jiahe Jingwei reported total assets of 1.299 billion yuan and equity of 606 million yuan, with revenues of 854 million yuan, 1.344 billion yuan, and 1.123 billion yuan for the years 2023, 2024, and the first eight months of 2025, respectively [2]. - The net profits for the same periods were -20.16 million yuan, 42.26 million yuan, and 42.11 million yuan, indicating a recovery in profitability [2]. Group 4: Shikong Technology's Business Transition - Shikong Technology's main business was primarily focused on lighting engineering when it was listed in September 2020, but it has since diversified into smart city solutions and nighttime economy sectors [2]. - Despite efforts to pivot, Shikong Technology has struggled with declining revenues and increasing net losses from 2020 to 2024, with revenues dropping from 896 million yuan in 2020 to 341 million yuan in 2024 [2][3].