Lichi Acquires 82% Stake in Mingjunyuan to Expand AI Cooling Business

Central News Agency, Taipei, May 28. Semiconductor packaging materials supplier Lichi announced today that its board of directors has decided to invest approximately NT$508 million in Mingjunyuan Precision Technology. The transaction is expected to be settled on July 1. After completion, Lichi's stake in Mingjunyuan will increase from 6% to 82%. Mingjunyuan will become a subsidiary of the Lichi Group with substantial management control, strengthening Lichi's layout in the artificial intelligence (AI) cooling field. Lichi explained that Mingjunyuan was established in 1996 and has been a manufacturing partner for Lichi's heat spreader products since 2018. The two sides have been working together in the cooling market for a long time. Through this investment cooperation, the two sides will jointly enter the high-end cooling and precision manufacturing fields. Lichi stated that this equity acquisition not only expands its operational footprint but also helps optimize its profit structure. In the future, with the consolidation of the two companies' financial statements, sales and manufacturing profits will form a dual engine, driving overall profit growth.