NationStar Optoelectronics plans to acquire equity in a company for RMB 269 million to strengthen its third-generation semiconductor business

国星光电8月12日晚发布公告称，为抢抓行业发展新机遇，发挥资源优化配置效应，结合公司“十四五规划”关于拓展第三代半导体产业的布局，公司拟以2.69亿元收购风华高科持有的广东风华芯电科技股份有限公司(简称“风华芯电”)99.87695%股权，以实现公司在半导体领域补链强链，做强第三代半导体业务。

It is reported that Guangsheng Group holds a 22.79% equity stake in Fenghua Advanced Technology, making it the controlling shareholder. The actual controller of Fenghua Advanced Technology is the State-owned Assets Supervision and Administration Commission of the Guangdong Provincial People's Government. According to the announcement, Fenghua Advanced Technology is a listed company controlled by Guangsheng Group, the actual controller of NationStar Optoelectronics. In accordance with the relevant regulations of the Shenzhen Stock Exchange, this transaction constitutes a related-party transaction.

According to public information, Fenghua Xindian is a national high-tech enterprise specializing in the R&D, production, and sales of semiconductor discrete devices and integrated circuits. Its products are mainly applied in lighting circuits, consumer electronics, computers, telecommunications, industrial automation systems, automotive electronics, and other fields. As of the announcement date, Fenghua Advanced Technology holds a 99.87695% equity stake in Fenghua Xindian.

NationStar Optoelectronics stated that this equity acquisition will enable the company to quickly enter the compound semiconductor packaging and testing segment , drive rapid development in new business areas, strengthen and complete the semiconductor supply chain, and enhance its third-generation semiconductor business.

Upon completion of the transaction, the company's R&D capabilities in LED semiconductor chips and packaging, along with its market expansion abilities, will drive the rapid development of Fenghua Xindian. As business synergy between the company and Fenghua Xindian strengthens in the future, Fenghua Xindian's operating performance is expected to gradually improve, which will be conducive to enhancing the company's operating results and overall profitability.