After the acquisition is completed, Tiantong Jitong will hold 67% equity of Hunan Xintianli and become the controlling subsidiary of Tiantong Jiacheng.
At present, Tiantonggufen mainly focuses on electronic materials and special equipment for pan-semiconductors. Its wholly-owned subsidiary, Tiantong Jitong, is mainly located in the key equipment of electronic powder material forming and finishing, and the key equipment of semiconductor crystal material growth and finishing. Corresponding to the above business development, the target scope of the M & A strategy for listed companies is mainly the direction of 'material + special equipment'.
The planned acquisition of Hunan Xintianli is a high-tech enterprise specialized in the R & D and manufacturing of high-end dedicated sintering equipment and has strong technical research and development capabilities and technical reserves in the field of high-end sintering kiln equipment. At present, For the well-known domestic enterprises, the powder material forming presses and sintering furnace are the core equipment in the field of high-end powder materials.
Tiantonggufen said that the company in the direction of the machine has mastered the core technology and can be independent of production, the transaction is the company further layout of high-end sintering equipment, a major move in the direction of this acquisition is completed, the company will basically completed the new powder material The strategic layout of the core devices in the field.
At present, Tiantonggufen shares the existing powder materials and equipment in addition to the synergies, the transaction will enable the company to expand sales channels for special equipment to new business areas such as new lithium battery, 3D glass, advanced ceramics, etc. The foreign investment fit the company Strategic development and layout, with the company's existing powder materials molding equipment has a high degree of synergy, and is expected to bring the company a new source of lithium batteries, 3D glass, advanced ceramics and other areas of new business growth.
In addition, Tiantong shares on the 29th issued a circular that the company and the Haining Juanghu International Science City Management Committee signed a "cooperation framework agreement" in Haining, the two sides intend to start in Haining Juanghu International Science City block building company pan-semiconductor materials and Equipment Technology Research Institute, the overall investment of not less than 2000000000 yuan.TianTong shares that the investment contract is conducive to speeding the pace of the company pan-semiconductor layout, at the same time can effectively use both the advantages of resources, to consolidate strategic cooperation, so as to promote the company's industrial optimization and upgrading , Further enhance the company's core competitiveness and sustainable development.