On May 22, 2026, Unigroup Guoxin disclosed its plan to acquire a 100% equity stake in Runic Semiconductor, a prominent player in the thyristor sector, for a total consideration of RMB 1.9 billion. The acquisition will be financed through a combination of share issuance and cash payment, with RMB 380 million payable in cash and the remaining RMB 1.52 billion settled through the issuance of new shares. Simultaneously, Unigroup Guoxin aims to raise supplementary funds of up to RMB 396 million from a maximum of 35 specified investors. These funds will be earmarked to cover the cash portion of the acquisition, intermediary fees, transaction taxes, and other related expenses.
Runic Semiconductor operates as a power semiconductor company under the Integrated Device Manufacturer (IDM) model, specializing in the research, development, production, and sales of power semiconductor devices. The company boasts a leading international market position in thyristors, commands a significant domestic market share in silicon carbide diodes, and enjoys competitive strengths in the reliability and stability of its power diode offerings.
