The Ministry of Commerce responded to the German withdrawal of the Chinese acquisition of the Ai Siqiang Pass. The past M&A cases have proved that the concern is unnecessary.

On November 2, at the regular press conference held by the Ministry of Commerce, the Ministry of Commerce spokesman Shen Danyang responded to the decision of the German government to cancel the Chinese company's acquisition of the German Ai Siqiang case.

Shen Danyang said that the Ministry of Commerce hopes that "the German side will restart the security review of the merger case, which is only a case, and does not mean that Germany has changed its economic policy."

Shen Danyang also said that although China's investment in Germany has grown rapidly, the total amount is still small. Some German government officials and people worry that it is unnecessary for Chinese companies to invest in Germany and to transfer German technology and jobs. This is evidenced by the successful mergers and acquisitions of many Chinese companies in Germany.

On October 24, the German Ministry of Economic Affairs announced the withdrawal of the permit issued by the Fujian Hongxin Fund to acquire the German chip manufacturer Aixtron and restart the corresponding evaluation procedures.

In response, the State Secretary of the German Ministry of Economic Affairs, Machnig, said that the reason for restarting the evaluation process was that the German government received some "security-related news" but refused to disclose more information.

The German "Business News" (Handelsblatt), which is known as the "Wall Street Journal of Germany", reported on October 26 that Chinese investors' plans to acquire German Ai Siqiang attracted the attention of US intelligence agencies.

The newspaper quoted the German intelligence commissioner as saying that the US intelligence agency had directly contacted the German Chancellery to prevent the acquisition.

Founded in 1983, Axon was founded by members of the Semiconductor Technology Institute at RWTH Aachen and is a manufacturer of equipment for the semiconductor chip manufacturing industry.

The company offers equipment to manufacture advanced electronic and optoelectronic applications. The use of these components includes LED applications, display technology, data storage, data transmission, energy management and conversion, communications, signal and lighting technologies, and other cutting-edge technologies.

In May of this year, China Fujian Hongxin Fund initiated an acquisition offer to Ai Siqiang, involving a transaction amount of approximately 670 million euros. Then Ai Siqiang began to deal with the tender offer in July.

On September 8, the German Ministry of Economic Affairs issued a “no-harm certificate” to the Chinese acquisition of Ai Siqiang, which means that the German government believes that the merger does not pose a threat to public order and security in Germany.

According to the announcement of Hongxin Fund, its offer for Ai Siqiang ended on October 21, and it has paid off about 65% of Ai Siqiang's shares, which is enough to make the transaction pass, but unexpectedly it was notified by the Ministry of Economic Affairs that it was revoked.

A spokesman for Ai Siqiang said to Dexin News Agency on the 26th: "So far, Ai Siqiang has not received any questions related to further review from the German Federal Ministry of Economic Affairs." He stressed that Ai Siqiang will not produce zero. A component or chip, but a production device for the semiconductor industry.

He said that since its establishment in 1983, Ai Siqiang has sold 3,000 such devices to the world. The relevant government agencies have also approved these sales contracts. The company has exported products to South Korea, China and Taiwan.

The following is the original response from the Ministry of Commerce:

We have noticed the decision of the German government to revoke the Chinese company's acquisition of the German Ai Siqiang case. In recent years, China’s investment in Germany has developed rapidly.

The investment of Chinese-funded enterprises has created tens of thousands of jobs and a large amount of tax revenue for the local government. It has also brought capital and market channels for German companies to expand their overseas business.

Although China's investment in Germany has grown rapidly, the total amount is still small. Some German government officials and people worry that it is unnecessary for Chinese companies to invest in Germany to transfer German technology and jobs.

This is evidenced by the successful mergers and acquisitions of many Chinese companies in Germany.

We hope that the German side will restart the security review of the merger, which is only a case, and does not mean that Germany has changed its economic policy.

Because this move will not be conducive to the healthy development of China-Germany two-way investment and the overall situation of economic and trade cooperation. We respect the trials of countries under their legal frameworks, and we also hope to increase transparency, standardize judgments and give equal treatment to investors in the security trials.

It is hoped that relevant parties can rationally think and objectively treat the business behavior of enterprises. Based on the principle of mutual benefit and common development, they will create a good atmosphere for Chinese enterprises to carry out investment activities in the local area and promote the healthy development of bilateral economic and trade cooperation between China and Germany.

24V Dc Motor

A 24V Dc Motor Consistency is good, reliable performance, low malfunction, torque, motor no-load and load running more smoothly and the lowest in 50 decibels


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Areas of application:

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Method of use: the best stable in horizontal plane, installed on the 24V dc motor output shaft parts, cannot use a hammer to knock, knock prone to press into the 24V dc motor drive, may cause damage to internal components, and cannot be used in the case of blocked.

Dc Motor 2

Operating temperature range:

24V dc motor should be used at a temperature of -10~60℃.

The figures stated in the catalog specifications are based on use at ordinary room temperature catalog specifications re based on use at ordinary room temperature (approximately20~25℃.

If a 24V dc motor is used outside the prescribed temperature range,the grease on the gearhead area will become unable to function normally and the motor will become unable to start.Depending on the temperature conditions ,it may be possible to deal with them by changing the grease of the motor's parts.Please feel free to consult with us about this.

Storage temperature range:

24V dc motor should be stored ta a temperature of -15~65℃.

In case of storage outside this range,the grease on the gearhead area will become unable to function normally and the motor will become unable to start.

Service life:

The longevity of geared motors is greatly affected by the load conditions , the mode of operation,the environment of use ,etc.Therefore,it is necessary to check the conditions under which the product will actually be used .The following conditions will have a negative effect on longevity.Please consult with us should any of them apply.

●Use with a load that exceeds the rated torque

●Frequent starting

●Momentary reversals of turning direction

●Impact loads

●Long-term continuous operation

●Forced turning using the output shaft

●Use in which the permitted overhang load or the permitted thrust load is exceeded

●A pulse drive ,e.g.,a short break,counter electromotive force,PWM control

●Use of a voltage that is nonstandard as regards the rated voltage

●Use outside the prescribed temperature or relative-humidity range,or in a special environment.

●Please consult with us about these or any other conditions of use that may apply,so that we can be sure that you select the most appropriate model.

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