JSZY plans to acquire controlling interest in Jilai Micro to enter the research, production, and sales of power semiconductor chips and devices

According to the Zhitong Finance APP, JSZY (600770.SH) announced that on May 13, 2025, the company signed an "Investment Cooperation Intent Agreement" with Jiangsu Jilai Microelectronics Co., Ltd. (hereinafter referred to as "Jilai Micro" or "the target company") and its shareholders Jiangsu Weifeng Trading Co., Ltd. and Li Dawei, intending to obtain control of Jilai Micro through cash capital increase or share transfer, with specific investment plans and ratios to be further verified and negotiated. Upon completion of this transaction, Jilai Micro will become a subsidiary controlled by the company.

Jilai Micro is primarily engaged in the research and development, production, and sales of power semiconductor chips and devices. It is a vertically integrated manufacturer focusing on chip design, wafer manufacturing, and packaging testing. Its products are widely used in consumer electronics, industrial sectors represented by low-voltage electrical appliances, network communication and security fields represented by mobile phones and cameras, and automotive electronics represented by electric vehicles. The company has been deeply involved in the information technology sector, including integrated circuit business, for many years. This acquisition of Jilai Micro will help the company focus its strategy and strengthen its core industry segments in the information technology field, while also expanding the company's revenue scale and profit level, improving overall operational efficiency, and enhancing the company's risk resistance capability.

In recent years, the company has consistently regarded the information technology sector as a key development direction, focusing on quality improvement and efficiency enhancement through investment, mergers and acquisitions, and management, while laying out industrial transformation and upgrading around high-quality development. This transaction is an important measure for the company to further deepen its industrial layout in the information technology sector. After Jilai Micro becomes a controlled subsidiary of the company, the company will enter the research and development, production, and sales of power semiconductor chips and devices based on its existing chip design and application business, further optimizing and extending its industrial chain layout. In addition, this transaction does not involve issuing shares to purchase assets and will not affect the company's equity structure; after the transaction is completed, the company's revenue and net profit levels are expected to further increase, and the company's risk resistance capability will be effectively enhanced