Tederic Machinery intends to acquire no less than 51% equity interest in Yixin Micro Semiconductor Technology (Shenzhen) Co., Ltd. through a combination of cash equity transfer and capital injection. Upon completion of the transaction, Yixin Micro will become a controlled subsidiary of the company. The performance commitment parties have pledged that Yixin Micro's net profit for 2027, 2028, and 2029 will be no less than RMB 40 million, RMB 48 million, and RMB 58 million, respectively, totaling no less than RMB 146 million on a cumulative basis. The transaction is still subject to audit and valuation, and no formal agreement has yet been signed. Yixin Micro is primarily engaged in the research and development, manufacturing, and sales of memory modules. Tederic Machinery has no prior experience in the memory industry. The company believes this transaction represents a realistic path to establishing a presence in the growth-stage memory module sector, creating a second growth curve, and achieving transformation and upgrading.
