On November 18th, Saiwei Electronics made an announcement stating its intention to acquire a segment of Xindonglai's equity, with the total transaction value not surpassing 60 million yuan. Based on the preliminary acquisition strategy, Saiwei Electronics aims to purchase 4.11%, 3.00%, 2.80%, and 1.09% of Xindonglai's equity from its original shareholders, which include Hainan Yimai, Intelligent Sensing Industry Fund, Xunyuan Investment, and Haichuang Intelligent Equipment, respectively. Xindonglai stands out as a company boasting well-established process technology for the independent research and large-scale production of photolithography machines. Its business operations span two primary sectors: the remanufacturing of photolithography machines and the development of self-researched photolithography equipment. Should Saiwei Electronics successfully negotiate and finalize a deal with the aforementioned transaction partners, it is projected to hold up to 11% of Xindonglai's equity, thereby establishing Xindonglai as its equity-affiliated subsidiary.
