Tianshui Huatian Technology Co., Ltd. (002185.SZ) Plans Acquisition of Huayi Microelectronics, Resumes Trading on October 17

Tianshui Huatian Technology Co., Ltd. (002185.SZ) has disclosed plans for an asset purchase and fundraising proposal involving the issuance of shares and cash payment to acquire 100% equity of Huayi Microelectronics from 27 parties, including Tianshui Electronics Group and Xi'an Houyi Investment. The share issuance price is set at ¥8.35 per share, with the fundraising share price not to be less than 80% of the average trading price of the company's stock over the 20 trading days prior to the pricing benchmark. According to the announcement, Huayi Microelectronics is one of the few domestic high-tech enterprises that integrates R&D design, packaging testing, reliability verification, and system solutions for power devices. The company boasts a research team with international semiconductor power device design experience and core packaging testing technology capabilities, establishing a robust integrated design and production capacity based on device design, wafer process R&D, and packaging testing technology, thus ensuring a significant competitive advantage. Huayi Microelectronics employs a dual-driven business development strategy of "design + packaging testing." According to statistics from the Shaanxi Semiconductor Industry Association, Huayi Microelectronics ranked first in both revenue and market share among power device companies in Shaanxi Province for the fiscal year 2024. Through the acquisition of Huayi Microelectronics, the listed company aims to enhance its packaging testing business layout swiftly, expanding its capabilities in power device packaging testing across integrated circuits, discrete devices, and other segments, providing customers with more comprehensive packaging testing products. Additionally, the company will extend the R&D, design, and sales of its proprietary power device products, covering automotive-grade, industrial-grade, and consumer-grade devices, opening a secondary growth avenue, achieving new revenue streams, and further enhancing core competitiveness. Furthermore, the company's shares will resume trading on October 17, 2025 (Friday).