Naura completes acquisition, gains control of Sinyuan Microelectronics

Naura Technology Group (SZSE:002371) announced the completion of its acquisition of 16,899,750 shares (8.40%) of Sinyuan Microelectronics from Shenyang Zhongke Tiansheng Automation Technology Co., Ltd. The transfer registration was finalized on June 23, 2025. Combined with the earlier acquisition of 19,064,915 shares from Shenyang Advanced Manufacturing Technology Industrial Co., Ltd, Naura now holds 35,964,665 shares, representing 17.87% of Sinyuan’s total share capital, making Naura its largest shareholder. Naura has also secured a majority on Sinyuan’s board of directors with the appointment of four non-independent directors (Dong Boyu, Cui Xiaowei, Li Yanhui, and Deng Xiaojun) and one independent director (Pan Wei). Naura expects this acquisition to enhance synergies between the two companies, allowing for integrated solutions in the integrated circuit equipment sector, as well as improved collaboration in R&D, supply chains, and customer resources. As a result of the acquisition, Naura will recognize goodwill in its consolidated financial statements.