Tatfook Technology plans to acquire no more than 20% equity in Anhui Yunta, aiming to promote the localization process of radio frequency front-end

According to the Zhitong Finance APP, Tatfook Technology (300134.SZ) announced that the company plans to invest in Anhui Yunta Electronic Technology Co., Ltd. (referred to as "Anhui Yunta") through cash capital increase and equity transfer. The total investment amount is expected to not exceed 100 million yuan, and after the transaction is completed, the company aims to hold no more than 20% of the equity in Anhui Yunta.

The investment target, Anhui Yunta, is a high-tech enterprise focused on the research and development and sales of RF front-end chips and module products. Anhui Yunta is committed to promoting the localization of RF front-end technology, breaking the monopoly of international giants with independent innovative technology, and providing high-performance domestic RF front-end solutions for emerging fields such as 5G/6G communications, the Internet of Things, and vehicle networking. Based on leading ultra-high-performance chip-based electromagnetic filtering technology (SPD) and hybrid filtering technology that combines electromagnetic and acoustic methods, Anhui Yunta currently has three major product series: Series 3 (SPD-E), Series 5 (SPD-S), and Hybrid Series. Among them, Series 3 and Series 5 are electromagnetic technology products, mainly used to benchmark traditional electromagnetic filter products represented by LTCC technology; the Hybrid Series is a new technology that combines electromagnetic and acoustic methods, pioneered by Anhui Yunta globally, which comprehensively addresses the filtering scenarios required for the next stage of "large bandwidth and high suppression coexistence." Such demand has been widely confirmed as a rigid requirement under high-frequency cellular standards and Wi-Fi standards.

The announcement indicates that Anhui Yunta is currently in a loss-making state and is expected to continue to incur losses in the short term. After the transaction is completed, Anhui Yunta will become an associate subsidiary of the company. Although the company and the target company have certain business synergy foundations in terms of industry and customers, there is still a risk that efficient collaboration may not be achieved in daily operations, business integration, and team collaboration after the completion of this transaction