On the evening of November 5 , Infinova Microelectronics ( 000670 ) announced that the company is planning to acquire assets by issuing shares and/or paying cash, and to raise supporting funds. The target assets are the controlling stakes of three companies. The announcement clarified thatthis transaction is expected to constitute a major asset restructuring, but does not constitute a related-party transaction or a backdoor listing. The company’s shares will be suspended from trading starting January 6 , at market open.
According to the announcement, the target assets for this acquisition include Shanghai Shockley Information Technology Co., Ltd.,
FIRST TECHNOLOGY CHINA LIMITED (Fujide China Limited), and ShiQing Intelligent Technology (Shanghai) Co., Ltd. The announcement did not disclose the specific transaction consideration or the amount and usage of the raised supporting funds, only stating the transaction will be a combination of issuing shares and/or paying cash. Further transaction details will be clarified based on subsequent due diligence, audit, and evaluation results.
/
or a cash payment combination. Further details will be specified according to due diligence, audit, and evaluation results.
From the basic information of the target companies, all three enterprises focus on the electronic information sector. Among them, Shanghai Shockley Information Technology Co., Ltd. and ShiQing Intelligent Technology (Shanghai) Co., Ltd. are both registered in Shanghai, with business scopes covering integrated circuit design and electronic components-related businesses, which are synergistic with Infinova Microelectronics’ main business;
FIRST TECHNOLOGY CHINA LIMITED (Fujide China Limited) focuses on the field of electronic component distribution and related areas.
This acquisition may be a strategic move by Infinova Microelectronics to strengthen its industrial chain and expand business boundaries. As a listed company deeply rooted in the electronic information sector, Infinova Microelectronics’ main business involves the distribution of electronic components and the R&D, design, and sales of integrated circuit chips. Its main products include RF chips, fingerprint chips, power management chips, memory chips, etc. The company’s subsidiaries, Huaxinke and
WORLD STYLE have long been engaged in the electronic component distribution business, having established extensive sales networks and developed flexible supply chain management and comprehensive solution service capabilities.
In the first three quarters of 2025, Infinova Microelectronics saw revenue growth but faced profit pressure, achieving an operating income of
3.443 billion yuan, a year-on-year increase of
17.62%
, while net profit attributable to the parent company was
-43.3449 million yuan , a year-on-year decrease of
18.69%
.
It is worth noting that Infinova Microelectronics has continuously optimized its business layout through capital operations in recent years.
In August 2025 , the company increased the capital of its wholly owned subsidiary Shaoxing Xinyuan Microelectronics Co., Ltd. by
4 million yuan with its own or self-raised funds to enhance its capital strength and promote business development.
It is understood that
the global semiconductor industry is gradually rebounding after the downturn in 2023, and the domestic electronic component industry is slowly recovering. Against this backdrop, Infinova Microelectronics, through the acquisition and integration of quality assets, is expected to enhance its competitiveness.
Editor: Peng Bo
Proofreading: Zhu Tianting
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