Tianshui Huatian Technology to acquire Huayi Microelectronics in strategic deal

Tianshui Huatian Technology announced its plan to acquire 100% of Huayi Microelectronics from 27 transaction parties, including Tianshui Huatian Electronic Group Co., Ltd., Xi’an Houyi Investment Management Partnership, and Xi’an Xintian Yubo Enterprise Management Partnership. The acquisition will use a combination of stock issuance and cash payments, alongside a private placement to raise supporting funds. This is considered a related party transaction.

The acquisition aims to strengthen Tianshui Huatian Technology’s semiconductor packaging and testing business, expanding its offerings in power devices and automotive-grade products. Huayi Microelectronics, a high-tech enterprise specializing in R&D, design, packaging, testing, and sales of power devices, reported an estimated net profit of 30 million yuan in Q3 2025, an increase of over 80% quarter-on-quarter. The deal is expected to optimize the company's industrial layout and boost its core competitiveness.

The transaction will not alter the company's controlling shareholder or de facto controller. It is subject to further audits, valuations, and approvals from the Shenzhen Stock Exchange and the China Securities Regulatory Commission. The pricing for the stock issuance is set at 8.35 yuan per share.