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National Silicon subsidiary secures 1bn yuan loan guarantee

August 12, 2025 at 05:07 PM UTCBy FilingReader AI

National Silicon Industry Group will guarantee a 1 billion yuan loan to its wholly-owned subsidiary Shanghai Xinsheng Semiconductor Technology from shareholder Shanghai Guosheng Group.

The loan will fund a 300mm silicon wafer capacity upgrade project. Shanghai Guosheng Group holds 19.87% of National Silicon Industry Group's share capital.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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