Group 1 - The core viewpoint of the news is that Tongwei Investment has conducted research on a listed company, Deep Tech, which is experiencing positive order growth in various sectors, including flat panel display module production equipment and semiconductor packaging and testing equipment [1] - Deep Tech reported a high capacity utilization rate and an improvement in orders for semiconductor packaging and testing equipment, accumulating significant orders from quality clients such as China Resources Microelectronics and Tongfu Microelectronics, with orders exceeding tens of millions this year [1] - The company anticipates substantial growth in the smart glasses market, having started to develop related equipment since 2022, leading to a rapid increase in orders [1] Group 2 - Deep Tech aims to consolidate its market position, expand into overseas markets, enhance product performance, and optimize cost control and operational efficiency, with a goal to achieve profitability by 2025 [1]

Business Performance and Focus Areas - In 2024, the company will focus on semiconductor display equipment, automotive intelligent cockpit systems, semiconductor packaging and testing equipment, and new energy equipment [2][3] - The company aims to enhance R&D in flexible display module equipment, Mini/Micro LED equipment, and precision assembly equipment for VR/AR/MR [2][3] Shareholder Actions and Market Confidence - The controlling shareholder, Mr. Nie Quan, reduced his holdings by 3,511,600 shares (1.95% of total shares) between March 10 and March 28, 2025 [3] - The company emphasizes that shareholder reductions are based on personal financial needs and are compliant with disclosure obligations [3][4] Stock Price and Investor Relations - The company is committed to maintaining its market value and improving management levels to enhance investor relations [4][5] - There is a focus on reasonable profit distribution plans to improve investor returns, considering the company's development and legal compliance [5] Industry Position and Competitiveness - The company has over 20 years of experience in the semiconductor display equipment industry, achieving a leading position in product R&D and manufacturing processes [6][7] - It has established strong partnerships with renowned manufacturers and brands in the semiconductor display field, leveraging its industry experience and technological advantages [6][7] Future Plans and Strategic Considerations - The company is exploring opportunities for asset restructuring and strategic partnerships, aligning with regulatory support for mergers and acquisitions [7][8] - The company will disclose its operational status in regular reports, ensuring transparency with investors [8]

Core Viewpoint - Deep Science and Technology (深科达) announced the acquisition of 16.92% equity in its subsidiary Shenzhen Line Horse Technology Co., Ltd. for 47.376 million RMB, aiming to enhance management efficiency and competitiveness [1][2]. Group 1: Acquisition Details - The acquisition price is set at 47.376 million RMB, to be paid in four installments, resulting in Deep Science holding 80.92% of Line Horse Technology post-acquisition [1]. - The transaction is classified as a related party transaction but does not qualify as a major asset restructuring under relevant regulations [1]. Group 2: Company Background and Performance - Shenzhen Line Horse Technology was established on July 13, 2015, focusing on precision linear motors and related automation equipment [1]. - In Q1 2024, Line Horse Technology reported revenues of 29.576 million RMB and a net profit of 5.5321 million RMB [1]. - Deep Science and Technology, founded in 2004 and listed on the Sci-Tech Innovation Board in 2021, specializes in 3C panel intelligent equipment and semiconductor packaging testing equipment [2]. Group 3: Financial Performance - In 2024, Deep Science reported total revenue of 509 million RMB, a decline of 8.82% year-on-year, with a net loss of 106 million RMB [2]. - The company experienced net losses of 35.84 million RMB in 2022 and 116 million RMB in 2023 [2]. - Accounts receivable for Deep Science from 2022 to 2024 were 466 million RMB, 399 million RMB, and 409 million RMB, representing approximately 79%, 71%, and 80% of total revenue, respectively [2]. Group 4: Performance Commitments - The acquisition includes performance commitments with net profit targets of 20.5 million RMB, 21.8 million RMB, and 23.7 million RMB for the years 2025, 2026, and 2027, respectively, totaling a minimum of 66 million RMB over three years [2]. Group 5: Market Reaction - Following the acquisition announcement, Deep Science's stock price increased by 15.65%, reaching 17.51 RMB per share during midday trading [4].