Brainhole Technology Limited: Acquisition of Marvell Shares and Disposal of AOI Shares
Key Points for Investors
- Two Major Transactions: On 4 June 2026, Brainhole Technology Limited (Stock Code: 2203) completed the acquisition of Marvell Shares and the further disposal of AOI Shares.
- Acquisition of Marvell Shares:
- Acquired 4,210 Marvell Technology, Inc. shares (Nasdaq: MRVL) via open market transactions.
- Total consideration: Approximately US\$1.3 million (HK\$9.9 million), excluding transaction costs.
- Average price per Marvell Share: US\$303.31 (HK\$2,359.75).
- Financed by proceeds from the disposal of AOI Shares.
- Counterparties are independent third parties; identities cannot be ascertained due to open market nature.
- Further Disposal of AOI Shares:
- Disposed of 6,500 AOI (Applied Optoelectronics, Inc.) shares (Nasdaq: AAOI) via open market transactions.
- Total consideration: Approximately US\$1.3 million (HK\$9.9 million), excluding transaction costs.
- Average price per AOI Share: US\$195.77 (HK\$1,523.09).
- All proceeds used for Marvell Shares acquisition.
- Counterparties are independent third parties; identities cannot be ascertained.
- Company still holds 6,300 AOI Shares after disposal.
- Aggregate AOI Share Disposals:
- Within a 12-month period: Total AOI share disposals amount to US\$1.9 million (HK\$14.8 million).
- Transactions aggregated under Listing Rules for classification purposes.
- Financial Performance of Marvell and AOI:
- Marvell (FY ended 31 Jan 2026): Net revenue US\$8.19 billion, Net income US\$2.67 billion, Net assets US\$14.3 billion.
- AOI (FY ended 31 Dec 2025): Net revenue US\$455.7 million, Net loss US\$38.2 million, Net assets US\$733.9 million.
- Rationale for Transactions:
- Marvell acquisition aligns with Group’s strategy to invest in innovative technologies and expand its portfolio of quality assets.
- Positive outlook on Marvell’s financial performance and growth prospects in semiconductor and data infrastructure sectors.
- AOI disposal allows resource reallocation and investment portfolio adjustment; expected gain of US\$0.6 million (HK\$4.8 million).
- Regulatory Implications:
- Both transactions classified as discloseable under Chapter 14 of the Hong Kong Listing Rules.
- Acquisition and disposal triggered announcement and reporting requirements due to applicable percentage ratios (exceed 5% but less than 25%).
Important Shareholder Information
- Potential Price Sensitivity: The acquisition of Marvell shares and the disposal of AOI shares signify a shift in Brainhole Technology’s investment strategy, favouring higher quality assets with better growth prospects.
- Resource Allocation: Proceeds from AOI share disposal have been entirely reinvested into Marvell shares, which could impact future earnings and asset values.
- Expected Gain: The Company anticipates a gain of US\$0.6 million from AOI share disposal, which may positively affect financial results.
- Strategic Direction: The Group’s focus on technological innovation and smart domain applications could drive future value creation for shareholders.
- Remaining Holdings: Brainhole Technology retains 6,300 AOI shares, maintaining exposure to AOI’s future performance.
Detailed Transaction and Company Background
- Brainhole Technology Limited: A Cayman Islands incorporated company, listed in Hong Kong, engaged in semiconductor manufacturing, broadband infrastructure, and smart domain solutions.
- Marvell Technology, Inc.: Nasdaq-listed, leading supplier of data infrastructure semiconductor solutions, with significant revenue and net income growth. Core strengths in complex System-on-a-Chip architectures and digital signal processing.
- Applied Optoelectronics, Inc. (AOI): Nasdaq-listed, vertically integrated provider of fiber-optic networking products. Despite revenue growth, AOI reported net losses in recent fiscal years.
- Transaction Details:
- Acquisition and disposal conducted in open market; counterparties are independent third parties.
- All US dollar amounts converted to HK dollars at US\$1.00 = HK\$7.78 for information purposes.
Disclaimer
This article is for informational purposes only and does not constitute investment advice. The information is extracted from official announcements and may be subject to change. Investors are advised to conduct their own research and consult with professional advisors before making any investment decisions.
腦洞科技有限公司：收購 Marvell 股票及進一步出售 AOI 股票公告
投資者重點摘要
- 兩項重大交易：腦洞科技有限公司（股份代號：2203）於2026年6月4日完成收購 Marvell 股票及進一步出售 AOI 股票。
- 收購 Marvell 股票：
- 通過公開市場收購4,210股 Marvell Technology, Inc.（納斯達克：MRVL）普通股。
- 總代價約為1,300,000美元（9,900,000港元），不包括交易成本。
- 每股 Marvell 平均收購價為303.31美元（2,359.75港元）。
- 全部資金來源於出售 AOI 股票所得款項。
- 交易對手為獨立第三方，因公開市場操作無法確定具體身份。
- 進一步出售 AOI 股票：
- 通過公開市場出售6,500股 AOI（Applied Optoelectronics, Inc.，納斯達克：AAOI）普通股。
- 總代價約為1,300,000美元（9,900,000港元），不包括交易成本。
- 每股 AOI 平均出售價為195.77美元（1,523.09港元）。
- 所得款項全部用於收購 Marvell 股票。
- 公司仍持有6,300股 AOI 股票。
- AOI 股票合計處置：
- 12個月內合計處置 AOI 股票總額為1,900,000美元（14,800,000港元）。
- 根據上市規則，相關交易需合併分類。
- Marvell 及 AOI 財務表現：
- Marvell（截至2026年1月31日財年）：收入81.95億美元，淨利潤26.7億美元，淨資產143.08億美元。
- AOI（截至2025年12月31日財年）：收入4.56億美元，淨虧損3,822.8萬美元，淨資產7.339億美元。
- 交易理由：
- 收購 Marvell 符合公司積極布局創新科技及優質資產的長遠策略。
- 董事會對 Marvell 財務表現和未來增長前景持正面看法。
- 出售 AOI 有助於資源重新配置及調整投資組合，預期可錄得600,000美元（4,800,000港元）收益。
- 監管及披露要求：
- 兩項交易均屬於香港上市規則第14章下的可披露交易。
- 因適用百分比超過5%但低於25%，需公告及報告。
股東需知及潛在價格敏感信息
- 潛在價格敏感：收購 Marvell 及出售 AOI 反映公司投資策略轉向更具增長潛力的優質資產，或影響未來盈利及資產價值。
- 資源重新配置：AOI 股票處置所得全部用於收購 Marvell 股票，可能影響未來財務表現。
- 預期收益：公司預計出售 AOI 股票將錄得60萬美元收益，對財務結果有正面影響。
- 策略方向：公司聚焦智能領域創新，有助長遠價值提升。
- 剩餘持股：公司仍持有6,300股 AOI 股票，維持對 AOI 未來表現的曝光。
公司背景及交易詳細資料
- 腦洞科技有限公司：於開曼群島註冊，在香港上市，業務包括半導體製造、寬帶基建及智能應用綜合方案。
- Marvell Technology, Inc.：納斯達克上市，數據基建半導體領域領導者，收入及淨利潤高速增長。
- Applied Optoelectronics, Inc. (AOI)：納斯達克上市，光纖網絡產品供應商，近年財務錄得虧損。
- 交易細節：
- 所有交易於公開市場進行，對手為獨立第三方。
- 美元按1:7.78匯率轉換港元，僅作參考。
免責聲明
本文章僅供參考，不構成任何投資建議。資訊來源於官方公告，或會有所更改。投資者應自行研究並諮詢專業顧問，作出審慎投資決策。
