On December 27, China Micro Corporation (688012. SH, share price of 197.35 yuan, market value of 122.823 billion yuan) announced that its chairman and general manager Yin Zhiyao and Jiaxing Zhongqi Enterprise Management Partnership (Limited Partnership) (hereinafter referred to as Zhongqi Partnership) plan to invest in Supermicro Semiconductor Equipment (Shanghai) Co., Ltd. (hereinafter referred to as Supermicro Semiconductor Equipment (Shanghai) Co., Ltd. (hereinafter referred to as Supermicro) by increasing capital by 7.5 million yuan.

"As a leader in the industry, Yin Zhiyao's profound technical attainments, keen market insight and extensive network resources can provide far-sighted guidance for Supermicro in terms of strategic planning, technology research and development direction, market trend prediction and partner expansion." AMEC said.

The reporter of "Daily Economic News" noticed that Supermicro is a holding subsidiary of Micro Corporation, with a registered capital of 42.5 million yuan, and Micro Corporation holds 60% of the shares.

In this capital increase, Yin Zhiyao increased his capital by 2.5 million yuan, and Zhonghe Partnership increased his capital by 5 million yuan. After the completion of the capital increase, the registered capital of Supermicro is 50 million yuan, of which AMEC holds 51% of the shares, Zhonghu Partners holds 10% of the shares, and Yin Zhiyao holds 5% of the shares.

"The company's waiver of the right of preferential capital increase this time constitutes a related party transaction, but does not constitute a major asset restructuring." AMEC said.

AMEC said that as micro devices become smaller and smaller, testing equipment has become more critical equipment, and the market is growing rapidly, becoming the fourth largest equipment category accounting for about 11% of the total semiconductor front-end equipment market. The testing equipment market is mainly divided into optical testing equipment and electron beam testing equipment, among which AMEC has invested in the optical testing equipment sector, while Supermicro plans to develop electron beam testing equipment and will continue to expand the coverage of a variety of testing equipment.

"The development of Supermicro will become an important breakthrough for the company to extend the semiconductor equipment industry chain. In the current industrial pattern, the integrity and synergy of the industrial chain are directly related to the anti-risk ability and sustainable competitiveness of enterprises in the market wave. AMEC has developed into a platform-based semiconductor equipment company, taking advantage of its own platform advantages and volume advantages, through investment in Supermicro Company, the company can be deeply involved in the research and development and production of key testing equipment, and form a close complementary relationship with its existing business. AMEC said.

For the capital increase of Yin Zhiyao and Zhonghuan Partnership, AMEC said that it can supplement and meet the capital needs of Supermicro Company, and deeply bundle the interests of the technical team with the company's development, so as to enhance the team's sense of responsibility and belonging.

Cover picture source: Photo by Liu Guomei, Daily Economic News