Core Viewpoint - The acquisition of 66% stake in SSTI by the company’s wholly-owned subsidiary in Singapore is a strategic move to enhance its position in the high-end semiconductor testing equipment sector, integrating technologies and expanding market reach [1][2]. Group 1: Acquisition Details - The company plans to use its own funds amounting to 4,890 million Singapore dollars (approximately 268.95 million RMB) for the acquisition [1]. - Upon completion of the transaction, the company will hold a 66% stake in SSTI, which will become a controlled subsidiary and included in the company’s consolidated financial statements [1]. Group 2: Target Company Overview - SSTI is a leading supplier of semiconductor testing, diagnostics, and failure analysis equipment, headquartered in Singapore [1]. - The target company possesses over 30 years of experience in the research and development of semiconductor testing and diagnostic equipment, with a strong technological advantage [1]. - SSTI has developed and commercialized several industry-leading technologies, including core products such as Photon Emission Microscopes (PEM), Laser Timing Probes (LTP), Scanning Optical Microscopes (SOM), and Thermal Microscopes (THM) [1]. Group 3: Strategic Implications - This acquisition aligns with the company's strategy of "horizontal expansion and vertical deepening," allowing for the integration of technologies, products, and markets [2]. - The move is expected to create synergies with the company’s existing semiconductor X-ray detection business, enhancing its technical capabilities and business scope in the industrial testing sector [2]. - The acquisition supports the company's vision of becoming a platform enterprise in industrial testing, consistent with its long-term strategic planning [2].

Core Insights - The company, through its wholly-owned subsidiary in Singapore, plans to acquire 66% of SSTI for approximately 26.895 million RMB, which will make SSTI a controlled subsidiary and included in the company's consolidated financial statements [1][2] Group 1: Acquisition Details - The acquisition amount is 4.89 million Singapore dollars, equivalent to about 26.895 million RMB, with the final transaction amount subject to exchange rate fluctuations at the time of delivery [1] - Post-acquisition, the company will hold a 66% stake in SSTI, which is a leading supplier of semiconductor testing, diagnostics, and failure analysis equipment [1] Group 2: Target Company Overview - SSTI has over 30 years of experience in the R&D of semiconductor testing and diagnostic equipment and possesses advanced design and manufacturing technologies [1] - The company has developed several industry-leading technologies and products, including Photon Emission Microscopy (PEM), Laser Time-of-Flight Probing (LTP), Scanning Optical Microscopy (SOM), and Thermal Microscopy (THM) [1] - SSTI's customer base includes many well-known domestic and international chip design, wafer manufacturing, and packaging testing companies, with nearly half of the top 20 global semiconductor manufacturers as clients [1] Group 3: Strategic Implications - This acquisition aligns with the company's strategy of horizontal expansion and vertical deepening, enhancing its business layout in the high-end semiconductor testing equipment sector [2] - The integration of technologies, products, and markets from both companies is expected to create synergies, complementing the existing semiconductor X-ray detection business [2] - The move is aimed at expanding the company's technical capabilities and business boundaries in the industrial testing field, supporting its vision of becoming a platform enterprise in industrial testing [2]

Core Viewpoint - The company, Ruitai Technology, announced the acquisition of a 66% stake in SSTI for approximately 2.69 billion RMB, aiming to expand its business in the high-end semiconductor testing equipment sector [1] Group 1: Acquisition Details - Ruitai Technology's wholly-owned subsidiary in Singapore plans to acquire SSTI for 4.89 million SGD, equivalent to about 2.69 billion RMB [1] - Upon completion of the transaction, Ruitai Technology will hold a 66% equity stake in SSTI, which will become a controlled subsidiary and included in the company's consolidated financial statements [1] Group 2: Target Company Overview - SSTI is one of the few companies globally that possesses advanced design and manufacturing technology for semiconductor testing, diagnostics, and failure analysis equipment [1] - The target company has developed multiple core technologies, including Photon Emission Microscopy (PEM), Laser Timing Probing (LTP), Scanning Optical Microscopy (SOM), and Thermal Microscopy (THM) [1] Group 3: Strategic Implications - This acquisition allows Ruitai Technology to further enhance its business layout in the high-end semiconductor testing equipment field [1]