证券日报网讯1月9日，火炬电子（603678）在互动平台回答投资者提问时表示，公司成熟电容器产品包 括陶瓷电容、钽电容及超级电容等，下游应用广泛，覆盖航空、航天、船舶、兵器等特种领域，并不断 努力提升在特种领域的市场份额和影响力。公司完成收购后，将积极发挥协同效应，全力推进子公司业 务协同整合，但其需独立申请军工资质，在满足相应条件后，才能进入军工供应链体系。后续，公司将 持续加大研发投入，组建高水平研发团队，开展关键技术攻关与产品创新，提升产品性能与可靠性。同 时，公司也会密切关注市场动态和政策导向，积极与航天领域客户建立紧密合作关系，深入了解市场需 求，提前做好产品规划布局。 ...

Core Viewpoint - Kinsus Interconnect Technology Corp. (国巨集团) is making a strategic move to acquire 28.5% of the shares of Maoda Electronics (茂达电子) at a price of NT$229.8 per share, representing a 20% premium, indicating strong intent and attractiveness of the offer [1][2]. Group 1: Acquisition Details - The acquisition is set to be filed with the Financial Supervisory Commission and will take place from September 12, 2025, to October 1, 2025, with a maximum purchase of 21,277,245 shares, which is approximately 28.5% of Maoda's total issued common shares [1]. - The minimum purchase requirement is set at 3,733,000 shares, or about 5% of Maoda's total issued common shares, with the condition that the acquisition must meet this minimum threshold [1]. Group 2: Maoda Electronics Overview - Maoda Electronics specializes in power integrated circuits (Power IC), focusing on mixed-signal power chips and sensors, with key product lines including fan motor driver ICs and power management ICs, applicable in various electronic devices [1][2]. - The company has shown strong operational performance, with August revenue reaching NT$649 million, marking a record high for the same period, and cumulative revenue for the first eight months of the year at NT$4.886 billion, a year-on-year increase of 21.2% [2]. Group 3: Strategic Rationale - Kinsus aims to leverage Maoda's stable profitability and operational performance for long-term investment returns and to establish a collaborative foundation with Maoda's management [2]. - The acquisition is expected to enhance Kinsus's competitive advantage by maximizing synergies through Maoda's existing product lines and Kinsus's global distribution channels [2]. Group 4: Market Performance and Growth - Maoda's performance is anticipated to continue growing, with expectations of double-digit growth in Q3 and potential for annual earnings exceeding one share capital if external economic conditions remain stable [2]. - The growth momentum is driven by the demand for fan motor driver ICs and power management ICs, with increasing orders in multi-fan applications and strong performance in power management ICs across various sectors [3].