National Silicon Industry Group completes private placement for asset acquisition

China International Capital Corporation Limited and CITIC Securities Company Limited announced the completion of National Silicon Industry Group's private placement, raising supporting funds for its acquisition of stakes in Xinsheng Jingtou, Xinsheng Jingke, and Xinsheng Jingrui. The offering involved the issuance of 110,440,713 shares at a price of 19.06 yuan per share, totaling 2,104,999,989.78 yuan.

The transaction, approved by the China Securities Regulatory Commission, saw ten investors participating, including Luoyang Kexin Group Co., Ltd., E Fund Management Co., Ltd., and China CITIC Financial Asset Management Co., Ltd. All investors' risk profiles matched the R3 risk level of the offering, and their capital sources were verified as compliant.

Following the placement, the company's total share capital will increase, with the new shares subject to a six-month lock-up period. This strategic move enhances National Silicon Industry Group's financial strength and optimizes its capital structure, with no change in controlling shareholder or impact on daily operations.