The grand launching ceremony of Angelimayi Company was held with great pomp and circumstance.

On April 18, 2020, Angelic Mewi and TTM Group completed the formal closing of the acquisition of TTM’s mobile business division. Due to the impact of the pandemic, the launch ceremony for the new company was held simultaneously via video conference on April 20 in Xiamen, Guangzhou, Shanghai, and Hong Kong. The mobile business division comprises the entire equity interests of four companies: Guangzhou Mewi Electronics Co., Ltd., Shanghai Mewi Electronics Co., Ltd., Shanghai Mewi Technology Co., Ltd., and Shanghai Kaisil Electronics Co., Ltd.
This merger and acquisition was initiated by Angelic Industries and Xiamen Semiconductor Investment Group, together with a consortium of leading industry teams and strategic partners. Among them, Angelic Industries is a Hong Kong-listed company that is a leading player in the R&D, manufacturing, and sales of flexible circuit boards on the Chinese mainland; Xiamen Semiconductor Investment Group is a specialized investment group focused on semiconductor industry investments and M&A. This powerful partnership will facilitate both parties’ long-term strategic positioning and, through the integration of each party’s superior resources, enhance China’s core competitiveness in the fields of high-end integrated circuit packaging substrates (including rigid-flex substrates) and substrate-like products (SLPs). As a result, the combined entity will become the largest domestic leader in integrated circuit packaging substrates and substrate-like products (SLPs).
Following the merger and acquisition, Anjie Li Meiwei will strategically focus on providing customers in fields such as 5G communications, smart mobile devices, automotive, IoT, and medical electronics with comprehensive high-density interconnect solutions, primarily including rigid and flexible high-end HDI boards, substrate boards, substrate-like packages (SLPs), rigid-flex boards, and their associated electronic modules. Through this merger and acquisition, Anjie Li Meiwei will continue to invest heavily, strengthen its R&D efforts, and enhance its ability to serve high-end clients, thereby solidifying its leading position in an ever-evolving industry landscape.

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