Core Viewpoint - Yongxi Electronics (甬矽电子) plans to bid for 100% equity of Ningbo Yuchang (宁波宇昌) at a base price of 486 million yuan, which, if successful, will make Ningbo Yuchang a wholly-owned subsidiary and included in the company's consolidated financial statements [1] Group 1: Transaction Details - The bidding is for the equity held by Yuyao Changhai, a subsidiary of a major shareholder, which constitutes a related party transaction [1] - The funding for the bidding will come from the company's own funds and will not adversely affect its financial status or operational results [1] - If the bid is successful, Yongxi Electronics will save on long-term rental expenses by owning the production facility instead of leasing it [1] Group 2: Company Operations - Yongxi Electronics primarily engages in integrated circuit packaging and testing, providing solutions for integrated circuit design companies [2] - The company's packaging products include five main categories: FC products, SiP, Bumping and WLP, QFN/DFN, and MEMS sensors, serving various applications in IoT and AIoT sectors [2] Group 3: Financial Performance - In the first half of 2025, Yongxi Electronics achieved revenue of 2.01 billion yuan, a year-on-year increase of 23.37%, with net profit growing by 150.45% [3] - The company expects continued revenue growth in the second half of 2025, which will positively impact profitability due to scale effects [3] - Yongxi Electronics aims to enhance its competitiveness and profitability through new customer development and product line expansion [3]