Goke Microelectronics Co Ltd: Strategic Acquisition and Market Movements

Goke Microelectronics Co Ltd, a prominent player in the semiconductor industry, has recently announced a significant acquisition that is poised to reshape its market position. The company, listed on the Shenzhen Stock Exchange, specializes in the research and development of integrated circuits and serves various sectors including radio and television, security monitoring, and the Internet of Things.

On June 5, 2025, Goke Microelectronics (300672) disclosed a restructuring plan to acquire a substantial stake in Zhixin Integrated Circuit (Ningbo) Co., Ltd. (hereafter referred to as Zhixin Ningbo). The acquisition involves purchasing 94.37% of Zhixin Ningbo’s shares through a combination of issuing new shares and cash payments. This strategic move is expected to enhance Goke’s capabilities in high-end filtering and MEMS technologies, enabling the company to establish a dual-driven system of “digital chip design + analog chip manufacturing.”

The transaction is anticipated to be a major asset restructuring for Goke Microelectronics. As part of the deal, Zhixin International (688981), a major chipmaker, has also announced that its wholly-owned subsidiary, Zhixin Holding, will sell its 14.832% stake in Zhixin Ningbo to Goke Microelectronics. Following the completion of this transaction, Zhixin Holding will no longer hold any shares in Zhixin Ningbo.

The acquisition is subject to certain conditions, including a clause that Goke will not reduce its holdings if the company does not achieve profitability or if the share price falls below the issuance price. This reflects a commitment to maintaining stability and confidence among investors.

In light of these developments, Goke Microelectronics’ stock is set to resume trading on June 6, 2025. The company’s market capitalization stands at approximately 14.81 billion CNY, with a close price of 81.06 CNY as of June 3, 2025. The price-to-earnings ratio is notably high at 140.181, indicating investor expectations of future growth.

This acquisition marks a significant step for Goke Microelectronics in strengthening its position in the semiconductor industry, particularly in specialized manufacturing sectors. The company’s strategic expansion through this acquisition is expected to drive future growth and innovation in its product offerings.

For further details on the transaction and its implications, stakeholders are encouraged to review the official announcements and documents provided by Goke Microelectronics and Zhixin International.