China Merchants income and purchase of Sols Optical and Electrical has led to doubts about national security, Ministry of Economic Affairs: Will be strictly reviewed

The foreign exchange of Chinese printed circuit board (PCB) Longtou Dongshan Precision will purchase Zhuke Optoelectronics at a high price. The Ministry of Economic Affairs stated that it has not yet received an application for investment plan change from Solexi Optoelectronics. After receiving the application, it will conduct a strict review with the National Security Bureau, the Mainland Affairs Commission and the Industrial Technology Office and other units.

Regarding the operation status and technical level of Sols Optical Electric, the Ministry of Economic Affairs stated that it had initiated a letter in June to ask Sols Optical Electric to explain its shareholding structure and operational status. If the company's operation is subject to risks affecting national security and economic development, the company's investment permission will be terminated in accordance with the regulations.

According to media reports, Longtoushan Precision, the largest printed circuit board (PCB) in China, issued an announcement that it will purchase Sols Optoelectronics in the Hsinchu Science Park for RMB 5.935 billion (about RMB 24 billion), causing national security concerns such as technology outflow.

The news of the merger of the purchase case has attracted high attention from the outside world. Xu Zhijie, a legislator of the Democratic League, was interviewed today and said that Sols has key 3nm technology. The government must carefully evaluate and strictly control it to avoid the secret transfer of advanced semiconductor technology related to Guoan to China, and also establish a list of key technologies in Taiwan.

The Ministry of Economic Affairs issued a statement today to report that since the top shareholder of Sols Optoelectronics changed to Zhongquan's identity in 2010, it will master the company's movements based on Zhongquan's permission.

In response to the media reports that China Economic and Economics Dongshan Precision has not received an application for investment plan change from Sols Optoelectronics. The Ministry of Economics stated that it has not yet received an application for investment plan change from Sols Optoelectronics. It has written that the company's acquisition case involves investment plan changes. It should apply to the Ministry of Economics in advance according to the China Economic Investment Regulations.

The Ministry of Economic Affairs pointed out that upon receipt of the application, it will conduct a strict review with the National Security Bureau, the Mainland Affairs Commission, and the Industrial Technology Office and other units in accordance with the Cross-Strait Regulations and the Chinese Assets Enforcement Regulations on whether the investment case has an impact on national security and adverse impact on industrial development.