Core Viewpoint - The report highlights the financial performance and operational status of Wuxi Taiji Industry Co., Ltd. for the first half of 2025, indicating a decline in revenue and net profit compared to the previous year, while also emphasizing the company's position in the semiconductor and engineering services sectors [1][5]. Financial Performance - The company's operating revenue for the first half of 2025 was approximately CNY 15.44 billion, a decrease of 5.91% compared to CNY 16.41 billion in the same period last year [4]. - The total profit for the period was CNY 459 million, down 10.66% from CNY 513 million in the previous year [4]. - The net profit attributable to shareholders was CNY 327 million, reflecting a 13.46% decline from CNY 378 million year-on-year [4]. - The net cash flow from operating activities was negative CNY 790 million, a significant decrease from a positive CNY 11 million in the previous year, primarily due to reduced project payments [4]. Company Overview - Wuxi Taiji Industry Co., Ltd. is a leading manufacturer and service provider in the semiconductor (integrated circuit) market, focusing on semiconductor packaging and testing services [5][14]. - The company operates through subsidiaries, including Haitai Semiconductor and Taiji Semiconductor, which provide various semiconductor services [5][6]. - The company also engages in high-tech engineering services through its subsidiary, Eleven Technology, which offers project management, consulting, and design services across multiple sectors [5][6]. Industry Context - The global semiconductor market is projected to grow, with a forecasted sales increase of 15.4% year-on-year, reaching USD 728 billion in 2025 [14]. - In China, the integrated circuit production for the first half of 2025 was 239.5 billion units, marking an 8.9% increase year-on-year, with exports also showing significant growth [14]. - The engineering services sector is closely tied to macroeconomic conditions, with fixed asset investment influencing industry performance [15]. - The renewable energy sector, particularly solar power, is experiencing rapid growth, with a cumulative installed capacity of 3.65 billion kilowatts in China by mid-2025, reflecting a 22.7% year-on-year increase [16].

Group 1 - The core agenda of the shareholders' meeting includes the review and approval of the proposal for the fourth phase of the post-processing service contract between the subsidiary Haitai Semiconductor and SK Hynix, which constitutes a related party transaction [1][2][4] - The fourth phase contract will last for five years, from July 1, 2025, to June 30, 2030, and will follow a pricing model of "total cost + agreed profit" for the services provided by Haitai Semiconductor to SK Hynix [3][5] - Haitai Semiconductor holds a 55% stake in the joint venture with SK Hynix, which is a significant related party, holding 45% of the shares [4][11] Group 2 - The financial performance of SK Hynix as of December 31, 2024, shows total assets of 1,198,552.09 billion KRW, total liabilities of 459,395.05 billion KRW, and net assets of 739,157.04 billion KRW, with an operating income of 661,929.60 billion KRW and a net profit of 197,969.02 billion KRW for the year [4] - The pricing structure for the services includes a base profit of 10% per year on the total investment amount, plus any excess profit calculated based on the loan amount exceeding 225 million USD [6][7] - The execution of the fourth phase contract is expected to provide stable and favorable profitability and cash flow for Haitai Semiconductor, enhancing its competitive edge in the semiconductor post-processing service sector [10]

Group 1 - The core opinion of the independent directors is that the signing of the "Fourth Phase Service Contract" between the subsidiary Haita Semiconductor and SK Hynix is beneficial for the company's sustained profitability and development in the semiconductor business [1] - The pricing of the related party transaction is fair and reasonable, and the decision-making process complies with legal regulations and the company's articles of association, ensuring no harm to the interests of shareholders, especially minority shareholders [1] - The independent directors agree to submit the proposal regarding the signing of the "Fourth Phase Service Contract" to the company's second extraordinary general meeting in 2025 for review [1] Group 2 - The capital increase decision is made to ensure the normal operational funding needs without causing financial pressure on existing business activities [2] - The pricing of the related party transaction is fair and reasonable, with no harm to the interests of the company and its shareholders, particularly minority shareholders [2] - The board's review and voting procedures are legal and effective, agreeing to submit the proposal regarding the capital increase in the investment fund for review [2]

证券代码：600667 证券简称：太极实业 公告编号：临 2025-034 无锡市太极实业股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 无锡市太极实业股份有限公司（以下简称"公司"或"太极实业"）第十届 董事会第二十八次会议，于 2025 年 6 月 13 日以邮件方式发出通知，于 2025 年 董事 9 名，实到 9 名。会议的召集和召开符合《公司法》和《公司章程》的规定。 二、董事会会议审议情况 经全体董事审议和表决，会议通过了如下决议： 同>暨关联交易的议案》 议案内容：公司控股子公司海太半导体（无锡）有限公司（以下简称"海太 半导体"）与爱思开海力士株式会社（以下简称"SK 海力士"）签署的《第三期 后工序服务合同》将于 2025 年 6 月 30 日到期，海太半导体拟就半导体后工序服 务事宜与 SK 海力士签署《第四期后工序服务合同》（以下简称"四期合同"）。 SK 海力士为海太半导体第二大股东（持股 45%），是公司关联法人，四期合同 的签署构成关联交易，但未构成《上市公司重 ...

Core Viewpoint - The company Taiji Industry (600667.SH) announced that its subsidiary, Haitai Semiconductor, plans to sign a five-year post-processing service contract with SK Hynix, which is expected to enhance the company's semiconductor business and provide stable profits and cash flow over the next five years [1]. Group 1 - The contract duration is from July 1, 2025, to June 30, 2030 [1]. - The contract constitutes a related party transaction but does not qualify as a significant asset restructuring [1]. - The board of directors has approved the proposal, which will be submitted for shareholder meeting approval [1].

Core Viewpoint - Taiji Industry (600667) announced that its subsidiary, Haitai Semiconductor, plans to sign a "Fourth Phase Backend Service Contract" with SK Hynix, which will run from July 1, 2025, to June 30, 2030. This contract is expected to enhance the company's semiconductor business and provide stable and favorable profits and cash flow over the next five years [1]. Group 1 - The contract will be executed under a "total cost + agreed profit" profit model, indicating a structured approach to revenue generation [1]. - The signing of this contract constitutes a related party transaction but does not qualify as a major asset restructuring [1]. - The agreement is anticipated to support the development of the company's semiconductor business significantly [1].