JSZY plans to increase its investment in Jilai by 220 million yuan to gain control

According to the Zhitong Finance APP, JSZY (600770.SH) announced that the company plans to increase its capital by investing in Jiangsu Jilai Microelectronics Co., Ltd., acquiring a total of 43,233,494 shares of the target company, accounting for 45.2807% of the total share capital of the target company after the capital increase. After the capital increase, the registered capital of the target company will increase to 95,478,845 yuan (if the target company completes the repurchase of shares from other institutional shareholders before the delivery date, the total share capital of the target company will decrease to 84,501,829 yuan, and the shares held by the listed company will account for 51.1628% of the total share capital of the target company); at the same time, one of the original actual controllers of the target company, Li Dawei, agreed to entrust all voting rights corresponding to the 8,287,109 shares directly held by him in the target company to the listed company, with the entrustment period lasting until the pledge guarantee period expires or the completion date of the repurchase by other institutional investors, whichever is later. After the transaction is completed, the listed company will control more than 50% of the voting rights of the target company. The transaction price is initially set at 220 million yuan, meaning the listed company plans to increase its capital by 220 million yuan to acquire 43,233,494 shares of the target company. After the completion of this acquisition, the listed company will enter the research, development, production, and sales of power semiconductor chips and devices, further optimizing and extending its industrial chain layout. At the same time, it can integrate the target company's IDM capabilities, fill the gaps in the industrial chain, and enhance its competitiveness in the power semiconductor field, aligning with the trend of domestic substitution. Additionally, as power semiconductors are a core branch and important cornerstone of the integrated circuit industry, they will provide key technical reserves and talent support for the company's future strategic entry into broader fields of integrated circuit design, manufacturing, or packaging and testing, accelerating the company's layout and breakthroughs in the core track of integrated circuits with high added value and high technical barriers