Core Viewpoint - The company, Diaowei (688381), announced the termination of its plan to acquire 100% equity of Rongpai Semiconductor due to failure to reach consensus on key terms of the transaction, including price and performance commitments [2][4]. Group 1: Transaction Details - The company initially intended to purchase Rongpai Semiconductor through a combination of issuing shares and cash, along with raising supporting funds [4]. - The termination was agreed upon after extensive discussions and negotiations with the transaction parties, aimed at protecting the interests of the company and its shareholders [4]. Group 2: Company Operations - The company stated that its current production and operational status remains normal, and the termination of the transaction will not have a significant adverse impact on its financial condition [5]. - Diaowei specializes in the research, design, and sales of high-performance analog chips, with a product range that includes signal chain analog chips and power management analog chips [5][6]. Group 3: Financial Performance - For the first three quarters of 2025, the company reported a revenue of 457 million yuan, representing a year-on-year increase of 11.41%, while the net profit attributable to shareholders was a loss of 24.28 million yuan, a decline of 232.46% [7]. - The basic earnings per share for the same period were reported at -0.10 yuan [7]. Group 4: Market Position and Products - The company is recognized as one of the few suppliers capable of providing both low-power, high-precision operational amplifiers and high-voltage, high-precision operational amplifiers [6]. - Its products are widely used across various sectors, including mobile phones, computers, automotive, servers, smart wearables, smart home appliances, communication devices, and robotics [6].

Core Viewpoint - The acquisition of Rongpai Semiconductor by Diaowei has been terminated due to failure to reach consensus on key terms such as transaction price and performance commitments, despite efforts to negotiate [2][6]. Group 1: Company Overview - Diaowei Microelectronics (688381) is an integrated circuit design company focused on the research, design, and sales of high-performance analog chips, with products covering signal chain analog chips and power management analog chips [4][5]. - The company has developed several advanced products, including high-performance analog switches and high-speed data repeaters, and has obtained ISO9001 certification [5]. Group 2: Acquisition Details - The original plan was for Diaowei to acquire 100% of Rongpai Semiconductor through a combination of issuing shares and cash payments, along with raising supporting funds [4]. - Rongpai Semiconductor specializes in high-performance analog chip design and has developed unique technologies, including the iDivider technology, which has led to breakthroughs in domestic isolation chips [5][6]. Group 3: Impact of Termination - The termination of the acquisition is not expected to have a significant adverse impact on Diaowei's production operations or financial status, and it does not harm the interests of the company or minority shareholders [6]. - As of December 5, Diaowei's stock price was reported at 24.23 yuan per share, with a total market capitalization of nearly 6 billion yuan [7].

Core Viewpoint - DiAo Micro (688381) is set to resume trading on October 21, 2025, following announcements regarding the acquisition of 100% equity in Rongpai Semiconductor and a private placement to raise supporting funds [1][3]. Company Overview - DiAo Micro specializes in the research, design, and sales of high-performance analog chips, with a product range that includes signal chain analog chips and power management analog chips [4]. - The company has developed advanced products such as high-performance analog switches, high-speed data repeaters, ultra-low power and high-precision operational amplifiers, and high-efficiency power management components [4]. Acquisition Details - The acquisition of Rongpai Semiconductor, which also focuses on high-performance analog chip design and sales, is seen as a strategic move to strengthen DiAo Micro's position in the analog chip industry [5]. - The transaction will allow DiAo Micro to quickly expand its product offerings in isolation products and leverage Rongpai's patented technologies and R&D resources [5]. Financial Performance - In the first half of 2025, DiAo Micro reported revenue of 306 million yuan, a 15.11% increase year-on-year, with a gross margin of 45.49% [6]. - The company recorded 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 [6]. - R&D expenses increased by 25.29% year-on-year, reflecting the company's commitment to enhancing product competitiveness and technological capabilities [6].