Core Viewpoint - The acquisition of a 56.24% stake in Qingdao Zhancheng Technology Co., Ltd. by Saiwei Electronics for 157 million yuan aims to enhance its competitive position in the semiconductor industry, particularly in MEMS chip manufacturing and EDA software development [1][2]. Group 1: Acquisition Details - Saiwei Electronics announced the acquisition of a 56.24% stake in Qingdao Zhancheng Technology for 157 million yuan, increasing its total ownership to 61% [1]. - Prior to the acquisition, Saiwei's wholly-owned subsidiary held a 4.76% stake in Zhancheng Technology [1]. - Following the transaction, Zhancheng Technology will be classified as a subsidiary and included in Saiwei's consolidated financial statements [1]. Group 2: Business Synergy - Zhancheng Technology specializes in IC design services and EDA software development, serving numerous well-known chip design companies [1][2]. - The acquisition is expected to enhance collaboration in the MEMS EDA field, leveraging Zhancheng's expertise in parasitic parameter extraction [1][2]. - Saiwei aims to expand its strategic layout in MEMS chip manufacturing and design services through this acquisition, promoting a "MEMS+" business model [2]. Group 3: Financial Performance - Zhancheng Technology is recognized as a national high-tech enterprise and has projected revenues of 166 million yuan and a net profit of approximately 11.4 million yuan for 2024 [2]. - For the first half of 2025, Zhancheng reported an unaudited revenue of approximately 85.3 million yuan and a net profit of about 9.9 million yuan [2]. - Saiwei Electronics reported a revenue of 264 million yuan and a net profit of 2.64 million yuan in the first quarter of this year, indicating a turnaround from previous losses [3].