Xingye Technology (002674.SZ): This acquisition aims to acquire indium phosphide assets that have not been profitable in the past three years.

date
01/07/2026
Zhitong Finance and Economics APP News, Xingye Technology (002674.SZ) announced that the company issued a voluntary information disclosure announcement on the evening of June 21, 2026, entitled "About Signing the Framework Agreement for the Acquisition of Indium Phosphide Business-related Assets." This acquisition is still subject to the approval of the board of directors, and there is still uncertainty as to whether the transaction can be completed. The acquisition of the indium phosphide business in this case has the industry characteristics of a long customer certification period and a high entry threshold. After preliminary verification, the net asset book value of the intended acquisition of indium phosphide business is expected to be no more than 25 million yuan. The revenue generated by the indium phosphide business from January to May 2026 is expected to be no more than 5 million yuan, with current orders not exceeding 2 million yuan. The revenue already realized and to be realized in 2026 from this business accounts for a very small proportion of the company's revenue in 2025. It is currently estimated that this matter will have an extremely small impact on the company's current operating income and net profit.