Rainbow Optoelectronics: Plans to acquire a 33.42% stake in its subsidiary, Hongyang Display, for 1.916 billion yuan.
Related
Xingye Yinxi: Plans to acquire a 25% stake in Atlas Tin SAS to achieve full ownership.
Mars Finance reported on June 30th that Xingye Yinxi (000426.SZ) announced that it plans to acquire a 25% stake in Atlas Tin SAS held by Toyota Tsusho Corporation and Nippon Steel Mining Co., Ltd. through a newly established overseas subsidiary, for a total consideration of US$23.1136 million. Upon completion of the transaction, the company will indirectly hold 100% equity in the target company, achieving full ownership of the Achmmach tin mine project. This aims to simplify governance structure, improve decision-making efficiency, and maximize the value of the tin mine assets. (Company Announcement)
Anjie Technology: Plans to acquire a 51% stake in Suzhou Zhifeng for cash. The target company's main products include optical module chip bases, etc.
According to Mars Finance, Anjie Technology (002635.SZ) announced that its wholly-owned subsidiary, Weisidongshan, plans to acquire a 51% stake in Suzhou Zhifeng MIM Powder Metallurgy Co., Ltd. for a cash consideration of RMB 204 million, with a potential upper limit of RMB 51 million, totaling no more than RMB 255 million. Upon completion of the transaction, Suzhou Zhifeng will become a controlling subsidiary of the company and will be included in its consolidated financial statements. Suzhou Zhifeng's core technology is metal powder injection molding (MIM), primarily providing supporting products for optical communication interconnection, new energy vehicles, and high-end medical fields. Its main products include optical module chip bases, etc. In 2025, revenue from optical module-related businesses accounted for 96.08% of Suzhou Zhifeng's total revenue, and in the first four months of 2026, revenue from optical module-related businesses accounted for 96.04% of its total revenue. Meanwhile, Suzhou Zhifeng is continuously expanding its product range of various precision optical device components to support downstream applications. Optical module chip substrates are used to support core optoelectronic devices such as laser chips and detector chips, and provide heat dissipation pathways, structural support, and electrical interconnection interfaces for these devices. They are crucial components for ensuring the heat dissipation performance, packaging accuracy, and long-term reliability of optical modules. (Cailian Press)
Guoxin Energy: Subsidiary plans to acquire assets from related party
Mars Finance reported on June 29th that Guoxin Energy announced that its wholly-owned subsidiary, Shanxi Natural Gas Co., Ltd., plans to acquire certain assets related to gas assets from its related party, Shanxi Puhua Gas Co., Ltd., for a transaction price of RMB 187 million (including VAT). (Company Announcement)
Guanghetong: Plans to acquire 37.16% stake in Hangsheng Electronics for 1.428 billion yuan.
Mars Finance reported on June 29th that Fibocom announced its plan to acquire a 37.16% stake in Hangsheng Electronics from 38 shareholders, including Huajian Jiachuang, for RMB 1.428 billion in cash. Through a concerted action agreement, Fibocom will collectively control 51.40% of the target company's shares. Upon completion of the transaction, Hangsheng Electronics will become a controlling subsidiary of Fibocom. This transaction does not involve the issuance of shares and does not constitute a related-party transaction. The target company's main business is automotive electronics products, with an assessed value of RMB 3.85 billion, representing a premium of 104.49%. The transaction will help Fibocom upgrade from a Tier 2 supplier to a Tier 1 supplier, achieving vertical integration of "communication modules + automotive electronic systems." The performance commitment parties have committed that the target company's net profit in 2026 and 2027 will not be less than RMB 598 million. (Company Announcement)
Haichuan Intelligent: Plans to acquire a 15.30% stake in Nanjing Jiyi Semiconductor for 130 million yuan.
According to Mars Finance, Haichuan Intelligent (300720.SZ) announced that it plans to acquire a 15.30% stake in Nanjing Jiyi Semiconductor Technology Co., Ltd. for RMB 130 million through equity transfer. The target company's main products are gallium arsenide wafers and raw material 4N metallic gallium, which are projected to account for approximately 84.77% and 15.02% of revenue respectively in 2025. This transaction aims to realize the company's strategic layout in the semiconductor industry and does not constitute a related-party transaction or a major asset restructuring. However, it is subject to the target company's internal decision-making process and therefore involves uncertainty. (Cailian Press)
Anbotong invests in a semiconductor equipment remanufacturing joint venture; its actual controller simultaneously acquires a controlling stake in lithography machine manufacturer ABM Asia.
According to Mars Finance, Anbotong (688168) recently announced its plan to invest 10.2 million yuan to establish a joint venture, "Botong Gangke," holding a 51% stake. The joint venture will primarily engage in the remanufacturing of mature process semiconductor equipment and related components. Notably, this investment is backed by a package of transactions—Anbotong's actual controller, Zhong Zhu, plans to acquire a 30% stake in the partner, Shenglin Gangke, and become a director. Upon completion of the transaction, he will indirectly hold a 24% stake in ABM Asia, a global manufacturer of lithography equipment. ABM has been deeply involved in the semiconductor lithography equipment field for over 20 years, possessing proprietary technologies for over 2,000 key components. It has delivered nearly 1,000 units to over 300 customers worldwide, and its lithography machine mass production project is scheduled to be located in Foshan, Guangdong in 2025. Anbotong also highlighted the risks associated with cross-industry integration in its announcement. (Cailian Press)