Shanghai Prisemi Electronics Co Ltd: A Strategic Move in the Semiconductor Industry
In a significant development for Shanghai Prisemi Electronics Co Ltd, listed on the Shanghai Stock Exchange, the company has announced a major asset restructuring plan. This move is set to reshape its position in the semiconductor industry, with a focus on enhancing its competitive edge and market presence.
Strategic Acquisition and Asset Restructuring
On August 3, 2025, Shanghai Prisemi Electronics Co Ltd (hereafter referred to as “Prisemi Technology,” ticker: 688230.SH) disclosed its intention to issue convertible bonds and pay cash to acquire 100% of the equity in Shanghai Jishun Technology Co Ltd (“Jishun Technology”) and 17.15% of the equity in Shanghai Shunlei Technology Co Ltd (“Shunlei Technology”). The transaction is valued at approximately 40.26 million yuan. Additionally, the company plans to raise funds not exceeding 5 million yuan to cover part of the cash consideration and intermediary fees associated with the transaction.
Upon completion, Prisemi Technology will directly or indirectly hold 100% of the equity in both Jishun Technology and Shunlei Technology. This strategic move is expected to consolidate Prisemi Technology’s control over these entities, enhancing its capabilities in the power semiconductor sector.
Market Reaction and Financial Implications
Following the announcement, Prisemi Technology’s stock price surged by 11.47%, closing at 69 yuan on August 4, 2025. This positive market reaction underscores investor confidence in the company’s strategic direction and its potential to generate synergies through the acquisition.
Background and Strategic Rationale
Shunlei Technology, established in December 2019, specializes in the research and development of power semiconductors. Despite its relatively small workforce of 27 employees as of the end of 2024, Shunlei Technology boasts a rich history dating back to 2005, with over 40 patents and a projected monthly production capacity of 1.5 billion units for a single model. The company’s core competencies include TVS chip technology, GPP chip design, and S.E.T technology, positioning it as a key player in the power semiconductor industry.
The acquisition of Shunlei Technology by Prisemi Technology, a Science and Technology Innovation Board-listed company, marks a significant step towards achieving full control over Shunlei Technology. This move is expected to create market synergies and strengthen Prisemi Technology’s competitive position in the power semiconductor market.
Conclusion
Shanghai Prisemi Electronics Co Ltd’s strategic asset restructuring and acquisition of key players in the power semiconductor industry signal a bold move towards consolidating its market position and enhancing its technological capabilities. As the company navigates through the necessary procedures for the transaction, the market watches closely, anticipating the potential impact on the semiconductor industry landscape. With a market capitalization of 81.15 billion yuan and a price-to-earnings ratio of 73.32, Prisemi Technology’s strategic initiatives are poised to redefine its trajectory in the competitive semiconductor sector.