Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen kinja for the clue delivery! CTOnews.com January 22 news, TCL Central this week issued the latest financial results and "on the holding subsidiary to increase capital and shares in the way of acquisition of Xinxin Semiconductor Technology Co., Ltd. and related party transactions announcement."

According to the announcement, Central leading Semiconductor Materials Co., Ltd. (hereinafter referred to as Central leading) intends to acquire 100% stake in Xinxin Semiconductor Technology Co., Ltd. (hereinafter referred to as Xinxin Semiconductor) by means of additional registered capital.

It is reported that Central leads the new registered capital of 4.875 billion yuan, and Xinxin Semiconductor shareholders contribute 100% of its stake in Xinxin Semiconductor to subscribe to Central leading registered capital, with a transaction consideration of 7.757 billion yuan. Xinxin Semiconductor shareholders hold a total of 32.5% of Central leading shares after the completion of the transaction.

According to CTOnews.com query, Central leading is mainly engaged in the technical R & D, manufacturing and sales of semiconductor silicon materials; Xinxin Semiconductor is committed to the R & D and manufacturing of 300mm semiconductor silicon wafers, which was put into production in October 2020, and its products are mainly used in advanced process directions such as logic chips and memory chips.

In addition, Tuyuan Pexels, TCL Central achieved a net profit of 6.6 billion yuan to 7.1 billion yuan in 2022, an increase of 63.8% to 76.2% over the same period last year, and a net profit of 1.6 billion yuan to 2.1 billion yuan in the fourth quarter of 2022, an increase of about 50.7% and 97.8% over the same period last year.

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