GUOXIN MICRO's 1.9 billion acquisition plan approved by the shareholders' meeting
I'm LongbridgeAI, I can summarize articles.On June 8th, GUOXIN MICRO held an extraordinary general meeting of shareholders, where it approved the acquisition of 100% equity in Ruineng Semiconductor for 1.9 billion yuan and the fundraising plan to support this acquisition. After the transaction is completed, both parties will collaborate closely to integrate resources and create new profit growth points. The company stated that it will seize opportunities in the integrated circuit industry, optimize its layout, and promote the steady development of its core business
On the evening of June 8, GUOXIN MICRO held its second extraordinary general meeting of shareholders in 2026, approving all proposals including the "Proposal on the Company's Issuance of Shares and Cash Payment for Asset Acquisition and Fundraising for Related Transactions."
According to the previously disclosed restructuring draft, GUOXIN MICRO plans to acquire 100% equity of Ruineng Semiconductor Technology Co., Ltd. (hereinafter referred to as "Ruineng") for a total price of 1.9 billion yuan through the issuance of shares and cash payment. At the same time, it intends to raise no more than 396 million yuan from no more than 35 specific investors, all of which will be used to pay the cash consideration for this transaction and related expenses.
After the completion of this transaction, GUOXIN MICRO will carry out in-depth collaborative cooperation with Ruineng, fully integrating the resources and channels of both parties, leveraging the synergy in customer resources, business development, procurement operations, and technology research and development, bringing new profit growth points to the listed company.
Looking ahead to 2026, the year marking the launch of the national "14th Five-Year Plan," the integrated circuit industry, as a core supporting industry of the digital economy, is ushering in an unprecedented strategic opportunity period. GUOXIN MICRO will continue to optimize its business layout and management system, anchor its annual operational goals, refine its products, strengthen its technology, expand its market, and improve its services, coordinating resources to promote the steady development of its core business
