Core Viewpoint - Shenzhen Yingtang Intelligent Control Co., Ltd. (Yingtang Zhikong) announced a suspension of trading as it plans to acquire stakes in two semiconductor companies, aiming to enhance its semiconductor business and overall competitiveness [1][2][3] Group 1: Acquisition Details - Yingtang Zhikong intends to acquire 100% equity of Guilin Guanglong Integrated Technology Co., Ltd. and 76% equity of Shanghai Aojian Microelectronics Technology Co., Ltd. [1][2] - Guilin Guanglong was established in 2018 with a registered capital of 50 million yuan, focusing on AI application software development and optoelectronic device manufacturing [1] - Shanghai Aojian, founded in 2015 with a registered capital of approximately 10.53 million yuan, specializes in high-performance analog and mixed-signal chip design, with applications in communication base stations and servers [2] Group 2: Financial Performance and Market Activity - Prior to the suspension, Yingtang Zhikong's stock price was active, closing at 11.42 yuan per share on October 24, with a 9.91% increase and a trading volume of 1.501 billion yuan [2] - The company's total market capitalization is approximately 12.96 billion yuan [2] Group 3: Strategic Direction - Yingtang Zhikong aims to accelerate its semiconductor business through acquisitions, transitioning from an electronic component distributor to a semiconductor IDM (Integrated Device Manufacturer) [3] - The company reported a revenue of 213 million yuan from its chip design and manufacturing business in the first half of 2025, a year-on-year increase of 24.57%, accounting for 8.06% of total revenue [3] - R&D investment has significantly increased, with 99.45 million yuan in 2024 (up 155.99%) and 56.37 million yuan in the first half of 2025 (up 61.83%), with R&D personnel making up 31.85% of the workforce [3]