Svg Tech Group Co.,Ltd. (300331.SZ) announced its intention to acquire a 51% stake in Changzhou Weipu Semiconductor Equipment Co., Ltd. ("Changzhou Weipu") for 510 million yuan using its own or raised funds. Upon completion of the transaction, Changzhou Weipu will become a subsidiary of the company and be included in its consolidated financial statements.
The target company is one of the few domestic enterprises that have achieved mass production in the field of semiconductor photomask defect inspection equipment. Its products already cover major downstream semiconductor photomask manufacturers, including wafer fab-owned supporting facilities and independent third-party photomask producers.
The announcement stated that Svg Tech Group has been actively expanding the mass production application and domestic substitution of laser direct writing lithography machines in semiconductor photomask manufacturing. The potential customer base largely overlaps with Changzhou Weipu's existing client network. The acquisition will leverage Changzhou Weipu's established customer resources, helping reduce the company's customer development costs and product validation cycle.