It is reported that the purchase amount accounted for more than 10% of the company's latest audited net assets, but did not reach 50% of the company's latest audited net assets, according to "Shenzhen Stock Exchange Listing Rules", "Articles of Association" And other related regulations, this purchase is within the authority of the board of directors and does not need to be submitted to the shareholders' general meeting for consideration. At present, the purchase has been approved by the board of directors.
Siu Chi shares that the smooth implementation of this contract can protect the company's LED epitaxial wafers and chip key technological advances in equipment and equipment in place as scheduled and put into production to ensure that the progress of the project to promote the project to achieve the expected production capacity has a positive impact , Which will help the company realize the development of the whole industry chain of 'chip + package + lighting application' in the field of LED, meet the demand of rapid market growth, enlarge and strengthen LED business plate to enhance its own competitiveness and consolidate its position in the industry With the equipment put into production, the production capacity will be gradually released and it is expected to have a positive effect on the company's business operations in the coming years.
According to the statistics, Nanchang Zhongwei Semiconductor Equipment Co., Ltd. is a wholly-owned subsidiary of Zhongwei Semiconductor Equipment (Shanghai) Co., Ltd. Both of them are manufacturers of micro-processing high-end equipment for the global market. Their main service areas are the semiconductor industry and other high-tech fields. As a professional equipment manufacturer, it has a good social reputation, strong financial strength and strong ability to perform the contract. It can ensure that the equipment provided meets the contractual requirements in terms of supply and transportation.