Naruida Technology (688522.SH) plans to issue additional shares to acquire 100% equity of Tianjin Sigma Microelectronics Technology Co., Ltd.

Naruida Technology (688522.SH) announced that the company plans to purchase 100% equity of Tianjin Sigma Microelectronics Technology Co., Ltd. from 12 counterparties including Zhou Qifeng, Li Ying, Tianjin Haohope Microelectronics Technology Partnership (Limited Partnership), Li Zhiqian, Shenzhen Jurencheng Chang Information Technology Partnership (Limited Partnership), Shenzhen Juxiancheng Chang New Technology Partnership (Limited Partnership), Shenzhen Junpeng Suneng Investment Partnership (Limited Partnership), Li Xingang, Shenzhen Caihui Juren Information Technology Consulting Partnership (Limited Partnership), Jinhua Jinkai Dehonglianxin Bifang Erhao Investment Center (Limited Partnership), Zhongxin Haihe Sida (Tianjin) Industrial Investment Fund Center (Limited Partnership), and Jiaxing Junde Phase II Equity Investment Partnership (Limited Partnership) through the issuance of shares and payment of cash, and raise supporting funds. The target company is a professional integrated circuit design company, mainly dedicated to the research, design, and sales of digital, analog, and mixed-mode specialized integrated circuits (ASIC) such as optoelectronic sensors, MCU chips, touch chips, and power management chips, providing customers with one-stop chip customization services, and has accumulated a mature intellectual property matrix in ADC and DAC. After this transaction, the listed company will achieve effective integration in technology with the target company, form strong complementarity and synergistic effects in product definition and development, help achieve high integration and miniaturization of radar systems, enhance the technical performance of phased array system products, and strengthen the technical innovation capability of the listed company's active phased array system new products. Upon application to the Shanghai Stock Exchange, the company's stock (securities abbreviation: Naruida Technology, securities code: 688522) will resume trading from Wednesday, January 22, 2025.