High-tech Development Plans to Acquire Control of Senwei Technology and Xinwei Semiconductor_Oriental Fortune Network

　　High-tech developmentannouncementthe company is planning to acquire Chengdu Senwei Technology Co., Ltd. and Chengdu Hightower Technology Co., Ltd. in cashsemiconductorlimited company control. The relevant parties have signed an agreement of intent on May 31, 2022.After preliminary research and calculation, this transaction is not expected to constitute a major assetreorganization.company holdingshareholderHigh Investment Group holds 25.6163% of Senwei Technology and Xinweisemiconductor98% of the equity is one of the counterparties in this transaction, and this transaction is expected to constitute a connected transaction.Senwei Technology is a high-tech enterprise founded by the doctoral team of Tsinghua University and Chinese Academy of Sciences, mainly engaged in power such as IGBTsemiconductorDesign, development and sales of chips and products; Xinwei Semiconductor is a joint venture established by Senwei Technology and Gaotou Group. It is mainly responsible for the construction of local trial production lines for power semiconductor devices and high-reliability discrete device integrated component production lines.

(Article source: ShanghaisecuritiesNewspaper Chinasecuritiesnetwork)

Article source: Shanghai Securities News China Securities Network

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Original title: High-tech Development plans to acquire control of Senwei Technology and Xinwei Semiconductor