Empyrean Technology to Acquire 6.9% Stake in Xinhangji, Filling Critical Gap in Place-and-Route Core EDA Tools

Stock News10-08

Empyrean Technology Co.,Ltd. (301269.SZ) has announced a plan to acquire a 6.9% stake in Xinhangji Technology Co., Ltd., aimed at quickly filling the critical gap in place-and-route core EDA tools and accelerating the construction of a full-flow EDA tool system for digital circuit design.

According to the announcement, the company invested RMB 149 million to acquire 9,269,142 shares of Xinhangji held by Beijing Shengshi Zhida Investment Fund Management Co., Ltd. (Shengshi Zhida), a shareholder of the target company. A relevant share transfer agreement was signed on September 30, 2026. Upon completion of this investment, the company is expected to hold a 6.90% stake in Xinhangji, which will become an associate company.

The investment in Xinhangji will create technological synergies with Yifang Lianchuang, in which the company has already invested, accelerating breakthroughs in bottleneck areas of digital place-and-route tools, shortening the time needed to address shortcomings in digital circuit EDA tools, and speeding up the construction of a full-flow EDA tool system for digital circuit design.

In the field of digital circuit design EDA tools, the company has continued to increase R&D investment and investment and acquisition efforts, successively launching more than ten commercialized tools including characterization extraction, simulation verification, static timing analysis, and physical verification. It has invested in nearly ten companies including Xinda Chip Technology Co., Ltd., Yifang Lianchuang, Shanghai Arkas Microelectronics Technology Co., Ltd., and Qijie Technology (Shenzhen) Co., Ltd.

The full-flow digital circuit EDA tool system will help expand the company's digital EDA tool market scale. This investment is in line with the company's development strategy.

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