National Silicon Industry Group gets Shanghai exchange nod for acquisition, restructuring

National Silicon Industry Group announced that its proposed issuance of shares and cash payment to acquire minority stakes in Shanghai Novosill Semiconductor Technology Co., Ltd., Shanghai Novosill Semiconductor Technology Co., Ltd., and Shanghai Novosill Rui Semiconductor Technology Co., Ltd., along with raising supporting funds, has been approved by the Merger, Acquisition and Restructuring Review Committee of the Shanghai Stock Exchange. The approval was granted on September 12, 2025.

According to the Shanghai Stock Exchange, the transaction was deemed compliant with restructuring conditions and information disclosure requirements. However, the completion of this transaction is still contingent on obtaining registration approval from the China Securities Regulatory Commission.

The company emphasized that there is uncertainty regarding the final registration date and will fulfill its information disclosure obligations promptly as the transaction progresses. Investors are advised to exercise caution and consider investment risks.