LED equipment vendors in the north to be priced 931 million yuan micro star acquisition

Seven electronic January 10th evening announcement said, in December 30, 2015 the company received the Shenzhen Stock Exchange issued by small and medium-sized board restructuring letter of inquiry, the company and related parties and agencies actively preparing for the work to answer, "Beijing qixinghuachuang electronic Limited by Share Ltd issued shares to buy assets and raise matching funds and related transaction plan" and other relevant documents to the corresponding supplementary and perfect. Company's shares will resume trading on January 11th.

According to the plan, Seven Star Electronics intends to 17.49 yuan / share to the controlling shareholder, actual controller of Beijing electric seven group issued 53 million 221 thousand and 400 shares of the total, the total price of 931 million yuan to acquire 100% stake in North microelectronics; at the same time, intends to 17.49 yuan / share issue shares to raise 931 million yuan of funds for supporting the North microelectronics microelectronics equipment expansion project construction and supplementary the company's liquidity, the national integrated circuit fund intends to subscribe for 600 million yuan.

Seven Star Electronics Co., Ltd. is engaged in the research and development, production and sales of basic electronic products. The company is the backbone enterprise that undertakes the important scientific and technological research task of the national electronic special equipment, and is the only company with the production capacity of 8 inch vertical diffusion furnace and cleaning equipment in our country at present.

North microelectronics to high-end integrated circuit equipment industry, focus on the development of PVD and CVD etching, three kinds of integrated circuit devices, applications include integrated circuit manufacturing, advanced packaging, LED, MEMS, power semiconductor devices, the company a variety of domestic market share ranked first, the main customers include SMIC, optoelectronics, crystal science and technology etc.. Its PVD products are the core of the international advanced integrated circuit manufacturers designated as 28nm customer segment production Baseline machine, LED industry with GaN etching machine in 2014 the domestic market share is far ahead.

Acquisition of the northern micro, powerful alliances, leading position more stable, to build domestic semiconductor equipment integration platform. North microelectronics and Seven Star Electronics for the country's top ten semiconductor equipment manufacturers, the top two of the revenue and ranking the country's second.

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