Core Viewpoint - The company, Tianshui Huatian Technology Co., Ltd., is planning to acquire Huayi Microelectronics Co., Ltd. through a share issuance and cash payment, which constitutes a related party transaction but does not qualify as a major asset restructuring [1] Group 1: Acquisition Details - The acquisition target, Huayi Microelectronics, is recognized as a leading domestic semiconductor company specializing in high-performance power devices, including research, design, packaging, testing, and sales [1] - Huayi Microelectronics employs a "design + packaging and testing" dual-driven business strategy, integrating device design with packaging and testing for collaborative development [1] Group 2: Financial Performance - Huayi Microelectronics reported revenues of 847 million, 1.16 billion, and 1.157 billion for the years 2020 to 2022, with net profits of 41.63 million, 88.13 million, and a loss of 43.21 million respectively [2] - The company's R&D investment was 33.73 million, 45.70 million, and 58.12 million from 2020 to 2022, with R&D expenditure as a percentage of revenue at 3.98%, 3.94%, and 5.03%, indicating a slight increase in 2022 [2] - In 2022, Huayi Microelectronics experienced a slight decline in revenue and a significant net loss, with a larger loss when excluding non-recurring items [2]