In addition, Orrider also intends to issue shares in the purchase of assets at the same time, by way of inquiry to raise no more than 2.3 billion yuan of matching funds, of which 1.4 billion yuan to be used in the underlying company GaN process technology and back-end assembly projects, 9 100 million yuan for the underlying company SiC substrate materials and power devices industrialization projects.
The announcement shows that Hefei Ruicheng is actually the main body of the Ampleon Group in the Netherlands.Ampleon Group is a leading RF power chip supplier in the world and specializes in developing, designing, manufacturing and selling high-power RF power chip products. Its products are mainly used in mobile communications (Base station) and has a wide range of applications in the fields of aerospace, lighting and energy transmission, etc. After the reorganization, the Company will add the RF power chip business. In view of the need for the SSE to review the relevant documents of the major asset reorganization temporarily, Do not resume.
According to reports, Ampleon Group formerly the world's leading semiconductor company NXP RF power chip segment, in the RF power chip industry has more than 50 years of operational experience.In 2015, NXP acquired another world-renowned semiconductor company Freescale, in order to meet the relevant national antitrust Regulatory requirements, NXP will be its RF power chip business as a whole divestiture.
Currently, the Ampleon Group products are mainly used in the field of mobile communications (base stations) and are applied in aerospace, lighting, energy transmission, etc. According to the ABI Research RF Power Semiconductor Market Research Report, in 2015, Ampleon Group's products in the RF power semiconductor market Occupying rate of 24.1%, the world's No. 2. Ampleon Group's RF power chip products are mainly supplied by major communications base station equipment manufacturers in the world not only have Huawei, ZTE and Samsung, and other customers, but also diversified RF power chip Fields include LG, Siemens, Midea, NEC, Hitachi and other customers.
Prior to this transaction, OREID's main business is the research and development, production and sales of sapphire crystal materials, sapphire crystal growth equipment and sapphire products, research and development, design, production and sales of hard and brittle material precision machining equipment, 3D glass After the transaction, the listed companies will add R & D, design, production and sales of radio frequency power chips, which will help listed companies further expand their space for development and enhance the growth of the company's business. Development potential. Orret said that this restructuring, as a subsidiary of listed companies, Ampleon Group can fill the gaps in the domestic high-end integrated circuit technology, but also is expected to promote China's integrated circuit industry, in particular, the overall upgrade of the industrial chain of radio frequency power chips In the 5G context, the layout of the integrated circuit industry, focused on RF power devices will help further expand the space for the development of listed companies.
It is worth noting that the acquisition of He Ruicheng stake in the acquisition of O'Reilly can be described as twists and turns. Since June 12 due to be proposed major asset restructuring to suspend the continuous suspension, to November 18, the company announced that due to the reorganization of the subject of the company Of the core assets located overseas, the shareholding structure is more complex, involving more stakeholders, failed to complete the relevant trading agreement with the counterparty within the prescribed time limit and disclose the restructuring plan, the company decided to terminate the planning of this major asset restructuring and held Investor briefing
However, the peak turnaround, just less than 3 days, the company announced at noon on the 21st that the receipt of major shareholder notice, this major asset restructuring has signed the relevant agreement with the counterparty, the company and the major shareholder promised to be disclosed on the evening of November 22 Major Asset Reorganization Plan Now that the restructuring plan has been disclosed once again, the transaction is still subject to multiple variables as it involves overseas acquisitions.