OFILM to acquire remaining stake in microelectronics subsidiary

OFILM Group, listed on the Shenzhen Stock Exchange, announced its plan to acquire the remaining 28.2461% equity in OFILM Microelectronics (Nanchang) Co., Ltd. through a share issuance. The transaction is valued at 1,790,805,266 yuan and will involve issuing 168,467,099 new A-shares to Nanchang Chanyu Investment Management Co., Ltd. at 10.63 yuan per share. This move aims to achieve 100% control over OFILM Microelectronics, a developer of fingerprint and 3D sensing modules, which is expected to enhance OFILM Group's overall strategy and profitability.

In conjunction with the acquisition, OFILM Group plans to raise up to 800,000,000 yuan in supporting funds through a private placement to no more than 35 qualified specific investors. These funds are earmarked for projects like R&D and industrialization upgrades for new ultrasonic fingerprint modules, in-vehicle optical sensing modules, and machine vision optical sensing modules. The acquisition is projected to increase OFILM Group's net profit attributable to shareholders and basic earnings per share, with no dilution effect on immediate per-share earnings based on pro forma figures for 2025 (1-9 months).