Citing the need for development strategy, DeepTech (688328.SH) announced that in order to further focus on the semiconductor equipment business, optimize and integrate industrial resources, improve management efficiency, and enhance the company's overall competitiveness, it plans to acquire 40.00% of the equity held by minority shareholders of its wholly-owned subsidiary Shenzhen DeepTech Semiconductor Technology Co., Ltd. (referred to as 'DeepTech Semiconductor' or the 'target company') for 96 million RMB. After the completion of this acquisition, the company will hold 100.00% equity of DeepTech Semiconductor.
DeepTech Semiconductor is a subsidiary controlled by the company, with the company holding 60.00% of its equity. Minority shareholders Lin Guangman, Chen Linshan, Shenzhen Hongyi Juneng Semiconductor Management Consulting Partnership Enterprise (Limited Partnership) (referred to as 'Hongyi Juneng'), Liu Xiaoyan, and Li Maogui hold 23.00%, 7.00%, 5.00%, 3.00%, and 2.00% equity of DeepTech Semiconductor respectively, totaling 40% equity. After this transaction is completed, the company will hold 100.00% equity of DeepTech Semiconductor. This equity transfer constitutes a related party transaction but does not constitute a major asset restructuring as stipulated in the regulations for significant asset restructuring of listed companies, and there are no significant legal obstacles to the implementation of the transaction.
DeepTech Semiconductor's main products include integrated test sorters, translation sorters, gravity sorters, etc. These products have been widely recognized in the market and have established good cooperative relationships with high-quality customers such as JCET Group, Tongfu Microelectronics, Tianshui Huatian Technology, China Resources Microelectronics, Yangzhou Yangjie Electronic Technology, Suzhou Good-ark Electronics, and Galaxy Microelectronics. Currently, the independently developed and produced integrated test sorter ranks first in the domestic market. Considering the global prospects of the semiconductor industry and the domestic semiconductor industry, the semiconductor equipment business is one of the company's key strategic directions for future development. This acquisition of minority shareholder equity of DeepTech Semiconductor is based on the company's long-term development strategic planning to focus on the main business, enhance overall operational control of subsidiaries by increasing the stake in DeepTech Semiconductor, further improving operational efficiency, and facilitating the implementation of the company's development strategy.
After this equity acquisition, the company can fully integrate and utilize its resource advantages and technological strengths, enhance the technical research and development capabilities of new semiconductor equipment products, drive new product development and application, enrich the categories of semiconductor equipment products, extend the product line, strengthen the synergies between different products in terms of business and research and development, further expand production scale, enhance the company's overall competitiveness, and increase product competitiveness. In conclusion, this transaction is fairly priced. The acquisition will further enhance the company's profitability, increase profits for the shareholders of the listed company, effectively enhance the company's profitability, risk resistance, and sustainable development capabilities, fully safeguarding the interests of company shareholders.