KDXC(SZ:002669)2025-06-30 10:32Group 1: Business Overview - Kangda New Materials has three main business segments: adhesives and specialty resins, electronic information materials, and electronic technology [2] - The company maintains a leading position in the domestic market for wind power blade structural adhesives, with a sales volume of 40,000 tons in 2024, achieving a year-on-year growth of over 90% [2][4] Group 2: Acquisition Intent - The company intends to acquire Chengdu Zhongke Huamei Electronics Co., Ltd. to expand into the semiconductor integrated circuit sector, aiming to enhance profitability and operational sustainability [4] - The acquisition will integrate high-quality assets in the specialized integrated circuit design and testing fields, contributing to the company's strategic transformation towards semiconductor integration [4] Group 3: Subsidiary Operations - Saiying Technology focuses on the development and production of microwave hybrid integrated circuits and radar systems, serving primarily domestic enterprises and research institutions [5] - The company has developed advanced radar products, including the "4D Holographic Radar," which is designed for detecting low, slow, small flying targets, applicable in various critical areas such as borders and military bases [6]