National Silicon Industry Group gets CSRC approval for share issuance and acquisitions

Shanghai Silicon Industry Group Co., Ltd. announced on September 27, 2025, that the China Securities Regulatory Commission (CSRC) has approved its share issuance and cash payment for asset acquisition, raising supporting funds, and related party transactions.

The transaction involves acquiring minority equity interests in Shanghai Xinsheng Crystal Investment Semiconductor Technology Co., Ltd. (46.7354%), Shanghai Xinsheng Crystal Technology Semiconductor Technology Co., Ltd. (49.1228%), and Shanghai Xinsheng Crystal Semiconductor Technology Co., Ltd. (48.7805%).

The total transaction price for the asset acquisition is 7,039,621,536.73 yuan, with 6,715,556,526.75 yuan paid in newly issued shares and 324,065,009.98 yuan in cash. The company plans to issue up to 447,405,494 new shares for the acquisition. Additionally, the company will raise supporting funds of up to 2,105,000,000 yuan from no more than 35 specific investors, which will be used to supplement working capital and cover the cash consideration and intermediary fees for the asset acquisition.

The issuance price for the new shares is 15.01 yuan per share. Shanghai Silicon Industry Group Co., Ltd. has confirmed that the transaction meets all necessary legal and regulatory requirements and has completed all required approval procedures.