Jinzi Ham (002515.SZ) has made an announcement stating that its fully-owned subsidiary, Fujian Jinzi Semiconductor Co., Ltd., intends to purchase an equity stake of no more than 20% in Zhongsheng Microelectronics (Hangzhou) Co., Ltd. This acquisition will be achieved through a combination of capital injection and share expansion, utilizing either its self-owned funds or raised capital, with the total investment not exceeding RMB 300 million. The transaction is structured to take place in two stages. For the initial round of capital injection, the valuation of Zhongsheng Microelectronics is projected to fall within the range of RMB 1 billion to RMB 1.3 billion.
Established in 2019, Zhongsheng Microelectronics is dedicated to the research, development, and design of essential electrical chips tailored for high-speed optical modules, including those with data rates of 400G, 800G, 1.6T, and beyond.