GRINM Semiconductor: Plans to acquire a 60% stake in Jinglong Semiconductor through a public bidding process, with a minimum transfer price of 451 million yuan.
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Advanced Silicon Technology: Acquires 60% Stake in Anhui Jinglong Semiconductor
Mars Finance reported on July 6th that GRINM Advanced Silicon Technology Co., Ltd. (688432.SH) announced that it has acquired a 60% stake in Anhui Jinglong Semiconductor Technology Co., Ltd. through a public bidding process, with a transaction amount of 451 million yuan. The company has paid a deposit of 135 million yuan and signed a "Property Transaction Contract" with the transferor. The remaining 315 million yuan has been paid. After the acquisition, Jinglong Semiconductor will become a controlling subsidiary of the company and will be included in its consolidated financial statements. (Company Announcement)
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)
Lingnan Holdings: Plans to acquire 85% stake in Guangdian City Services; stock resumes trading.
Mars Finance reported on July 7th that Lingnan Holdings announced its plan to acquire 85% of Guangdian Chengfu's shares from Shuke Group through a combination of share issuance and cash payment, and to raise supporting funds. The company's stock has been suspended from trading since June 24, 2026, and will resume trading on July 8th upon application. This transaction is subject to auditing and valuation, and requires approval from the board of directors, shareholders' meeting, state-owned assets supervision and administration departments, and the China Securities Regulatory Commission, and therefore involves uncertainties. (Company Announcement)
Rainbow Optoelectronics: Plans to acquire a 33.42% stake in its subsidiary, Hongyang Display, for 1.916 billion yuan.
According to Mars Finance, Rainbow Optoelectronics announced that it will acquire 33.42% of the equity of its subsidiary, Hongyang Display (Xianyang) Technology Co., Ltd. (hereinafter referred to as "Hongyang Display"), from minority shareholders for RMB 1.916 billion using its own funds. After the acquisition, Rainbow Optoelectronics' shareholding in Hongyang Display will increase from 62.4% to 95.82%.
South Korea plans to invest 5 trillion won in excess tax revenue from semiconductors to develop "sovereign AI" and purchase 10,000 GPUs to support a single team.
According to Beating's monitoring, the Korea Economic Daily revealed that South Korea's Ministry of Science and ICT is in discussions with the Presidential Office and the Ministry of Finance, planning to utilize approximately 5 trillion won in excess tax revenue from the semiconductor industry to purchase about 10,000 of NVIDIA's most advanced Vera Rubin superchip GPU modules this year. This investment will be used to support elite teams developing world-class "sovereign AI" models. This decision stems directly from the sense of crisis caused by US export controls on cutting-edge AI models—Anthropic's Fable 5 and OpenAI's GPT-5.6 have been restricted from external access, forcing South Korean companies to urgently modify systems built on these models. The concept of "national strategic assetization" of AI models has thus become a reality. Currently, although four teams in South Korea—LG AI Research Institute, SK Telecom, Upstage, and Motif Technologies—are advancing independent basic model projects, each team only receives support from 700 to 800 GPUs. This dispersed investment makes it difficult to compete with globally leading models that utilize tens of thousands of GPUs. The government has therefore decided to shift to a "selection and concentration" strategy, allocating 10,000 GPUs to the best teams at once, and plans to include special funds in the supplementary budget for attracting top overseas AI talent. South Korean President Lee Jae-myung publicly stated last month that the GPU procurement pace was too slow and demanded that related funds be ensured when compiling the supplementary budget. The current global competitive window is extremely short, with companies like Anthropic and OpenAI iterating new models weekly. France, with its single-focus strategy, has surpassed Meta to become the seventh largest AI provider globally, thanks to Mistral AI. If South Korea cannot catch up in the short term, it risks becoming an "AI vassal state." The South Korean semiconductor academic community has given this positive feedback, believing that investing the funds gained from hardware prosperity into building software competitiveness is essentially an investment in the country's future. --------------------------------- Click the original link below to join the Beating · Lark AI news channel for 24/7 monitoring of global AI hotspots and news.
Jingce Electronics: Plans to acquire a portion of the equity of Shanghai Jingce and raise supporting funds; stock trading suspended.
According to Mars Finance, Jingce Electronics announced that it is planning to acquire a portion of the equity of its holding subsidiary, Shanghai Jingce Semiconductor Technology Co., Ltd., through a combination of share issuance, convertible bonds, and cash payment, and to raise supporting funds. This is expected to constitute a major asset restructuring and related-party transaction. Due to the uncertainty of the matter, the company's stock and convertible bonds (Jingce Convertible Bond 2) will be suspended from trading on July 9, 2026. The transaction plan is expected to be disclosed within 10 trading days.