The integration of the semiconductor equipment industry will be accelerated again! NAURA plans to hold a controlling stake in Xinyuan Micro
DATE:  Mar 10 2025

Finance Associated Press, March 10 (Reporter Fang Yanbo) The A-share semiconductor equipment field has reappeared in blockbuster transactions.

Late today, North Huachuang (002371. SZ) announced that the company's board of directors agreed to take cash as a consideration for the agreement to acquire the core source micro (688037. SH) 9.49% shares, totaling 19.0649 million shares, at a transfer price of 88.48 yuan per share, and a transaction amount of 1.687 billion yuan.

In addition, Shenyang Zhongke Tiansheng Automation Technology Co., Ltd. (hereinafter referred to as "Zhongke Tiansheng") holds 8.41% of the shares of Xinyuan Micro, with a total of 16,899,800 shares. Zhongke Tiansheng intends to transfer all the shares of Xinyuan Micro by agreement through public solicitation and transfer, and NAURA will also actively continue to increase its holdings of Xinyuan Micro shares and obtain control of it by participating in public listing bidding.

NAURA said in the announcement that in the semiconductor equipment business segment, NAURA Group's main products include core process equipment such as etching, thin film deposition, furnace tube, cleaning, rapid annealing and crystal growth. The main products of Xinyuan Micro include core process equipment such as gluing and developing equipment. Both parties belong to the integrated circuit equipment industry, but the product layout is different, which is complementary and conducive to the synergy of the two sides.

Industry insiders said that NAURA is the largest semiconductor equipment platform in China, and its customer resources and financial advantages are expected to help key machines such as Xinyuan micro-gluing and developing to break through and expand in key customers, and NAURA has also supplemented its own business map with "gluing and developing + chemical cleaning + bonding" equipment, and the company's platform process has been further improved.

It is worth mentioning that winning the control of Xinyuan Micro is not the first time that Beijing Electronics Holding Co., Ltd. (hereinafter referred to as "Beijing Electronic Control"), the actual controller of North Huachuang, has made a move.

On the 3rd of this month, Beijing Electronic Control Co., Ltd. (688593. SH) announced that the company is planning to purchase the control of Shenzhen Aixiesheng Technology Co., Ltd. (hereinafter referred to as "Aixisheng") by issuing shares and paying cash, and at the same time raise matching funds. In December last year, Dong Yongsheng, deputy general manager of Beijing Electronic Control, entered the board of directors of Xinxiangwei and served as the vice chairman of the listed company.

From the perspective of the business of the two companies, Xinxiangwei and Aixiesheng are respectively engaged in display driver IC design and chip design and solutions in the field of human-computer interaction, and the two sides also have a high degree of business synergy.

The reporter of the Financial Associated Press noticed that in addition to the above two mergers and acquisitions, since this month, there have been many semiconductor listed companies such as Guanghong Technology (300735.SZ), Youyan Silicon (688432.SH), TCL Technology (000100.SZ), and Yingjixin (688209.SH) have disclosed merger and acquisition plans.

"At present, the curtain of mergers and acquisitions in the field of domestic semiconductors has been opened, mergers and acquisitions in promoting the integration of the upstream and downstream of the semiconductor industry chain, optimizing the allocation of resources, and helping listed companies to enhance their core competitiveness, while further promoting the development of innovative technologies and accelerating the breakthrough of weak links such as key bottlenecks." The above-mentioned industry insiders further said.

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