On September 12, 2026, China United Appraisal (Shanghai) Co., Ltd. issued a verification opinion, confirming that the pricing for Unisplendour National Microelectronics' acquisition of WeEn Semiconductors was reasonable. This evaluation was conducted using both the market approach and the asset-based approach, with the market approach yielding a valuation of RMB 1.9 billion, which was adopted as the final figure. WeEn Semiconductors is primarily involved in the research and development, production, and sales of power semiconductor devices. Owing to the rapid growth of emerging sectors such as new energy vehicles and photovoltaic energy storage, the demand for power semiconductors in the market is on a continuous rise. WeEn Semiconductors enjoys a competitive edge in the market in areas such as thyristors, power diodes, and silicon carbide devices. It has held the top global market share for thyristors for two consecutive years, and its silicon carbide rectifiers are ranked sixth globally and first among domestic peers. As of June 30, 2026, WeEn Semiconductors had outstanding orders totaling USD 99.1106 million, and in the first half of 2026, it acquired 26 newly verified customers across various industries, including industrial, new energy, and automotive electronics. Following the completion of this transaction, Unisplendour National Microelectronics will consolidate its power semiconductor product lineup, optimize its semiconductor industry chain strategy, and bolster its sustainable operational capabilities, in accordance with the relevant stipulations of the "Restructuring Measures."
