《股权收购意向协议》约定，思瑞浦拟通过发行股份及/或支付现金的方式，购买上述9名股东所持奥拉 股份的股权。 工商信息显示，Hong Kong Aura Investment Co.Limited等9名股东，合计持有奥拉股份86.12%的股权。 （原标题：重大资产重组！思瑞浦筹划购买奥拉股份股权 股票今起停牌） 【导读】思瑞浦筹划购买奥拉股份股权，计划自11月26日开市起停牌 11月25日晚间，思瑞浦发布公告称，公司拟以发行股份及/或支付现金的方式，购买宁波奥拉半导体股 份有限公司（以下简称奥拉股份）股权并募集配套资金，可能构成重大资产重组。 思瑞浦的股票及可转债计划自11月26日起停牌，预计停牌时间不超过10个交易日。截至11月25日收盘， 思瑞浦股价报148.18元/股，涨幅为1.37%，总市值为204.2亿元。 与标的公司主要股东签订意向协议 公告显示，思瑞浦已与奥拉股份的主要股东Hong Kong Aura Investment Co. Limited、海南璞愿投资合伙 企业（有限合伙）、Ideal Kingdom Limited、宁波奥吉芯企业管理合伙企业（有限合伙）、宁波奥如芯 企业管理合伙企业（有 ...

（原标题：688536，重大资产重组） 【导读】思瑞浦筹划购买奥拉股份股权，计划自11月26日开市起停牌 交易或提升主业竞争力 思瑞浦近年来业绩波动较大 思瑞浦的股票及可转债计划自11月26日起停牌，预计停牌时间不超过10个交易日。截至11月25日收盘， 思瑞浦股价报148.18元/股，涨幅为1.37%，总市值为204.2亿元。 与标的公司主要股东签订意向协议 公告显示，思瑞浦已与奥拉股份的主要股东Hong Kong Aura Investment Co. Limited、海南璞愿投资合伙 企业（有限合伙）、Ideal Kingdom Limited、宁波奥吉芯企业管理合伙企业（有限合伙）、宁波奥如芯 企业管理合伙企业（有限合伙）、宁波奥意芯企业管理合伙企业（有限合伙）、Key Brilliance Limited 、Light Brilliance Limited、Win Aiming Limited签署《股权收购意向协议》。 《股权收购意向协议》约定，思瑞浦拟通过发行股份及/或支付现金的方式，购买上述9名股东所持奥拉 股份的股权。 工商信息显示，Hong Kong Aura Investment Co.L ...

【导读】思瑞浦筹划购买奥拉股份股权，计划自11月26日开市起停牌 11月25日晚间，思瑞浦发布公告称，公司拟以发行股份及/或支付现金的方式，购买宁波奥拉半导体股份 有限公司（以下简称奥拉股份）股权并募集配套资金，可能构成重大资产重组。 思瑞浦的股票及可转债计划自11月26日起停牌，预计停牌时间不超过10个交易日。截至11月25日收盘， 思瑞浦股价报148.18元/股，涨幅为1.37%，总市值为204.2亿元。 与标的公司主要股东签订意向协议 公告显示，思瑞浦已与奥拉股份的主要股东Hong Kong Aura Investment Co. Limited、海南璞愿投资合伙 企业（有限合伙）、Ideal Kingdom Limited、宁波奥吉芯企业管理合伙企业（有限合伙）、宁波奥如芯企 业管理合伙企业（有限合伙）、宁波奥意芯企业管理合伙企业（有限合伙）、Key Brilliance Limited 、 Light Brilliance Limited、Win Aiming Limited签署《股权收购意向协议》。 | 证券代码:688536 | 证券简称:思瑞浦 | 公告编号:20 | | --- | --- ...

与标的公司主要股东签订意向协议 公告显示，思瑞浦已与奥拉股份的主要股东Hong Kong Aura Investment Co. Limited、海南璞愿投资合伙 企业（有限合伙）、Ideal Kingdom Limited、宁波奥吉芯企业管理合伙企业（有限合伙）、宁波奥如芯 企业管理合伙企业（有限合伙）、宁波奥意芯企业管理合伙企业（有限合伙）、Key Brilliance Limited、Light Brilliance Limited、Win Aiming Limited签署《股权收购意向协议》。 【导读】思瑞浦筹划购买奥拉股份股权，计划自11月26日开市起停牌 中国基金报记者 闻言 11月25日晚间，思瑞浦发布公告称，公司拟以发行股份及/或支付现金的方式，购买宁波奥拉半导体股 份有限公司（以下简称奥拉股份）股权并募集配套资金，可能构成重大资产重组。 思瑞浦的股票及可转债计划自11月26日起停牌，预计停牌时间不超过10个交易日。截至11月25日收盘， 思瑞浦股价报148.18元/股，涨幅为1.37%，总市值为204.2亿元。 | 证券代码:688536 | 证券简称:思瑞浦 公告编号:2025-071 | ...

【导读】思瑞浦筹划购买奥拉股份股权，计划自 11 月 26 日开市起停牌 中国基金报记者 闻言 11 月 25 日晚间，思瑞浦发布公告称，公司拟以发行股份及 / 或支付现金的方式，购买宁波 奥拉半导体股份有限公司（以下简称奥拉股份）股权并募集配套资金，可能构成重大资产重 组。 与标的公司主要股东签订意向协议 思瑞浦的股票及可转债计划自 11 月 26 日起停牌，预计停牌时间不超过 10 个交易日。截至 11 月 25 日收盘，思瑞浦股价报 148.18 元 / 股，涨幅为 1.37% ，总市值为 204.2 亿 元。 公告显示，思瑞浦已与奥拉股份的主要股东 Hong Kong Aura Investment Co. Limited 、 海南璞愿投资合伙企业（有限合伙）、 Ideal Kingdom Limited 、宁波奥吉芯企业管理合伙 企业（有限合伙）、宁波奥如芯企业管理合伙企业（有限合伙）、宁波奥意芯企业管理合伙 企业（有限合伙）、 Key Brilliance Limited 、 Light Brilliance Limited 、 Win Aiming Limited 签署《股权收购意向协议》。 | ...

Core Viewpoint - The company aims to establish itself as a chip design and manufacturing enterprise centered around a distribution model and a "light, electricity, and computing" technology closed loop [1] Group 1: Company Strategy - The company has been deeply engaged in the distribution sector for 20 years, establishing a global distribution network with over 100 brand partnerships and serving more than 3,000 clients, generating annual revenue of approximately 5 billion yuan [1] - Since 2018, the company has been transitioning upstream in the semiconductor industry chain, supported by its distribution business, to create a closed loop for "light, electricity, and computing" technologies [1] - Recent acquisitions of Guanglong Integrated and Aojian Microelectronics are part of the company's strategy to enhance its business scale and profitability [1] Group 2: Acquisition Details - The company plans to acquire 100% of Guanglong Integrated and 80% of Aojian Microelectronics through a combination of share issuance and cash payment [1] - Guanglong Integrated's products include optical switches, optical protection modules, and other optical devices, with a focus on large-scale data centers, benefiting from the growth in demand driven by generative AI and cloud computing [2] - Aojian Microelectronics specializes in high-performance analog chip development, with products used in consumer electronics, communications, and medical fields, some of which compete with global leaders like Texas Instruments [2] Group 3: Financial Performance - From January to August 2025, Guanglong Integrated reported revenue of 48.895 million yuan and a net profit of 13.989 million yuan, while Aojian Microelectronics reported revenue of 18.442 million yuan and a net loss of 1.5114 million yuan [2] Group 4: Market and Technical Synergy - The company's strong distribution capabilities and rich customer resources are expected to accelerate market entry and expand sales channels for Guanglong Integrated and Aojian Microelectronics [3] - There is potential for technology sharing and complementarity, as the company has deep expertise in optical signal conversion and MEMS technology, while Guanglong Integrated and Aojian Microelectronics have extensive experience in their respective fields [3] - The company is positioned to provide MEMS manufacturing capacity to Guanglong Integrated and supply chain resources to Aojian Microelectronics, enhancing production and procurement capabilities [3]

Core Viewpoint - Domestic analog chip manufacturers are entering an accelerated phase of mergers and acquisitions, with DiAo Micro proposing to acquire 100% equity of Rongpai Semiconductor to enhance product variety and market competitiveness [2][3][4] Group 1: Acquisition Details - DiAo Micro plans to acquire Rongpai Semiconductor through a combination of share issuance and cash payment, while also raising supporting funds from specific investors [3][4] - The acquisition aims to quickly expand DiAo Micro's product categories and integrate R&D and technical resources [2][5] - The transaction price is yet to be determined as the auditing and evaluation of the target assets are still ongoing [4][9] Group 2: Financial Performance - Rongpai Semiconductor has reported revenues of 61.10 million yuan, 99.08 million yuan, and 51.99 million yuan for the years 2023 to the first half of 2025, with net losses of 66.32 million yuan, 29.90 million yuan, and 8.23 million yuan respectively [8][9] - DiAo Micro's revenue for the first half of 2025 was 306 million yuan, a year-on-year increase of 15.11%, but it reported a net loss of 4.21 million yuan, a decline of 115.73% [9][10] Group 3: R&D Investment - Both companies are experiencing losses due to high R&D investments, with DiAo Micro's R&D expenses reaching 99.92 million yuan in the first half of 2025, a 25.29% increase year-on-year [9][10] - DiAo Micro's R&D expense ratio was 32.64%, up by 2.65 percentage points year-on-year, indicating a strong commitment to long-term technological reserves and product innovation [9][10] Group 4: Market Position and Technology - Rongpai Semiconductor is recognized for its innovative iDivider technology and has obtained 76 intellectual property project authorizations, including 34 invention patents [7][8] - DiAo Micro has accumulated 287 intellectual property project authorizations, with a focus on signal chain and power management analog chips, enhancing its competitive edge in the market [8][9]

Core Viewpoint - The company, DiAo Micro, plans to acquire 100% of Rongpai Semiconductor (Shanghai) Co., Ltd. through a combination of share issuance and cash payment, which is expected to enhance its asset scale, revenue, and net profit, thereby improving its sustainable development and profitability [1][3]. Group 1: Acquisition Details - The acquisition will make Rongpai Semiconductor a wholly-owned subsidiary of DiAo Micro, contributing to the company's growth in various financial metrics [1]. - DiAo Micro aims to quickly expand its product offerings in the isolation device category through this acquisition, enhancing its competitive advantage in the analog chip design industry [3]. Group 2: Financial Performance - Rongpai Semiconductor reported total assets of 118 million yuan and equity of 33.51 million yuan as of June 30, 2025, with revenues of 61.10 million yuan, 99.08 million yuan, and 51.99 million yuan for the years 2023 to the first half of 2025, respectively, alongside losses of 66.32 million yuan, 29.90 million yuan, and 8.23 million yuan [2]. - DiAo Micro's revenue figures for the years 2022 to the first half of 2025 were 502 million yuan, 381 million yuan, 526 million yuan, and 306 million yuan, with net profits of 174 million yuan, 15 million yuan, -4.7 million yuan, and -420,920 yuan, respectively [3]. Group 3: Industry Context - Both DiAo Micro and Rongpai Semiconductor operate within the analog chip design industry, where mergers and acquisitions are seen as key strategies for growth [3]. - Rongpai Semiconductor's products, including high-performance analog chips, have been successfully integrated into vehicles from major manufacturers such as BYD and Volkswagen, indicating strong market demand [2]. Group 4: Strategic Partnerships - Xiaomi Yangtze Industry Fund holds stakes in both DiAo Micro (3.87%) and Rongpai Semiconductor (3.5%), highlighting a strategic partnership that benefits both companies [4]. - DiAo Micro's products are utilized in Xiaomi's 5G terminal devices, with sales amounting to 31.78 million yuan in 2024, reinforcing the collaboration between the two entities [4].

Core Viewpoint - DiAo Micro plans to acquire 100% equity of Rongpai Semiconductor through a combination of issuing shares and cash payment, with the stock resuming trading on October 21 after a suspension of over half a month [2][3]. Company Summary - DiAo Micro will purchase Rongpai Semiconductor from 16 shareholders, including Xiaomi Changjiang, which holds a 3.87% stake in DiAo Micro as of September 26, 2025 [3]. - Rongpai Semiconductor, established in 2017, focuses on high-performance analog chip design, development, and sales, with applications in automotive electronics, industrial control, new energy, smart meters, and smart home appliances [3][5]. - DiAo Micro specializes in analog chips, with its main products being signal chain analog chips and power management analog chips, aligning with Rongpai's focus [4][5]. Financial Performance - In the first half of 2025, DiAo Micro reported revenue of 306 million yuan, a year-on-year increase of 15.11%, but a net loss attributable to shareholders of 4.21 million yuan, compared to a profit of 26.77 million yuan in the same period last year [5]. - The acquisition is expected to accelerate DiAo Micro's layout in the analog chip sector and expand its downstream application areas [5]. Industry Context - The analog chip market is characterized as a "long tail" product market, where single companies struggle to establish comprehensive competitiveness, making mergers and acquisitions a key strategy for growth [5]. - Domestic manufacturers have been accelerating mergers and acquisitions, with notable transactions occurring in the second half of the year [5]. - Analysts suggest that horizontal mergers can help consolidate the market and promote high-quality development of the analog chip industry [5].

Core Viewpoint - DiAo Micro plans to acquire 100% equity of Rongpai Semiconductor through a combination of issuing shares and cash payment, with the stock resuming trading on October 21 [2][5]. Group 1: Acquisition Details - The acquisition involves 16 shareholders, including Dong Zhiwei and Hubei Xiaomi Changjiang Industrial Fund, who collectively hold the 100% equity of Rongpai Semiconductor [5]. - Rongpai Semiconductor, established in 2017, focuses on high-performance analog chip design, development, and sales, with applications in automotive electronics, industrial control, new energy, smart meters, and smart home appliances [5]. - Xiaomi Changjiang, a significant shareholder of DiAo Micro, holds 3.87% of the company's shares as of September 26, 2025 [5][6]. Group 2: Company Performance - DiAo Micro reported a revenue of 306 million yuan for the first half of 2025, a 15.11% increase year-on-year, but recorded a net loss of 4.21 million yuan compared to a profit of 26.77 million yuan in the same period last year [7]. - Following the acquisition, Rongpai Semiconductor will become a wholly-owned subsidiary, enhancing DiAo Micro's positioning in the analog chip sector and expanding its downstream application areas [7]. Group 3: Industry Context - The analog chip market is characterized as a "long tail" product market, where single companies struggle to establish comprehensive competitiveness, making mergers and acquisitions a key strategy for growth [7]. - Recent trends show domestic companies accelerating mergers and acquisitions, with examples including Jiewate's investment in Xin Gang Hai An and Biyiwei's acquisition of Shanghai Xinggan Semiconductor [7]. - Analysts suggest that horizontal mergers can consolidate the market, promoting high-quality development of the analog chip industry [7].