echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > China Chemical > Suao Sensing plans to acquire a 42% stake in Longwei Technology in cash

    Suao Sensing plans to acquire a 42% stake in Longwei Technology in cash

    • Last Update: 2022-03-07
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    [ Star Enterprise of Chemical Machinery and Equipment Network ] On February 7, Suao Sensing issued an announcement stating that on February 6, 2022, the company cooperated with Mr.
    Yin Zongping, shareholders of Longwei Technology Wuxi Co.
    , Ltd.
    Beijing Huaan Guangtong Technology Development Co.
    , Ltd.
    , Mr.
    Wang Zumin, Mr.
    Bi Yanjun, and Ms.
    Liu Xing signed the "Acquisition Intention Agreement".
    The company intends to acquire a total of no less than 42% of the equity of the counterparty in cash.
    The company also intends to acquire other After the completion of this transaction, Longwei Technology will become the holding subsidiary of the company
    .
    The company currently holds 9.
    5745% of the shares of the target company
    .

     
    Chemical Machinery Equipment Net Star Enterprise Chemical Machinery Equipment
      According to the data, Longwei Technology is a comprehensive enterprise integrating MEMS chip design, packaging, calibration testing and professional application solutions
    .
    Based on its own MEMS chip design technology and process database, it has successfully developed three series of MEMS pressure, temperature and humidity products .
    The production efficiency of sensors has been improved; from chip design, packaging, to sensor production and calibration, a complete technical system and multiple sets of solutions with independent intellectual property rights have been formed, and a number of invention patents have been accumulated
    .

     
    sensor
      The so-called "MEMS sensor" refers to Microelectro Mechanical Systems, which is a multidisciplinary frontier research field developed on the basis of microelectronics technology, involving electronics, mechanics, materials, physics, chemistry, biology, Medicine and other disciplines and technologies have broad application prospects and have gradually become one of the major scientific and technological fields that have attracted worldwide attention
    .
    Compared with traditional sensors, MEMS sensors have the characteristics of small size, light weight, low cost, low power consumption, high reliability, suitable for mass production, easy integration and realization of intelligence
    .
    At the same time, the micron-scale feature size enables it to perform some functions that traditional mechanical sensors cannot
    .

     

      Suao Sensing said that this acquisition is in line with the State Council's "14th Five-Year" digital economy development plan, and complies with the country's requirements for strategic forward-looking fields such as sensors.
    It will stabilize the company's upstream layout in the sensor chip industry chain and greatly enhance the company's The independent guarantee and controllability of sensor chip supply will help to achieve the integration of the entire industrial chain of chip design, packaging, testing, production, and assembly in the sensor field, as well as the complementary advantages of both parties in resources, technology, and capital.
    It is in line with the company's strategic plan for in-depth sensor development and provides strong support for the company's future sensor industry development
    .

     

      Original title: Suao Sensing plans to acquire 42% equity of Longwei Technology in cash 
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.