Group 1 - The core point of the article is that 晶晨半导体 (Jingchen Semiconductor) plans to acquire 100% equity of 芯迈微半导体 (Chipmai Micro) for a total consideration of 316 million yuan, which will make Chipmai a wholly-owned subsidiary and included in the consolidated financial statements of Jingchen [2][5] - Jingchen Semiconductor, listed on the Sci-Tech Innovation Board in 2019, is a fabless semiconductor system design company providing multimedia SoC chips and system-level solutions for various product fields, including smart set-top boxes and automotive infotainment systems [2] - For the first half of 2025, Jingchen reported a revenue of 3.33 billion yuan, a year-on-year increase of 10.42%, and a net profit of 497 million yuan, a year-on-year increase of 37.12%, indicating a continuous growth trend [2] Group 2 - The target company, Chipmai Micro, has a strong core team and established R&D capabilities in wireless communication, with six chip models completed and generating revenue in IoT and mobile smart terminal applications [3] - However, Chipmai Micro's financial performance is currently unsatisfactory, reporting revenues of 0 yuan and 679,300 yuan for 2024 and the first half of 2025, respectively, with net losses of 90.31 million yuan and 40.06 million yuan [4] - The acquisition price of 316.11 million yuan suggests that the transaction will create goodwill on Jingchen's balance sheet, which may be subject to impairment risks if Chipmai's future operations do not improve [5]