OFILM Group acquires assets, addresses share trading concerns

OFILM Group is proceeding with its plan to acquire a 28.2461% equity stake in OFILM Microelectronics (Nanchang) Co., Ltd. through a share issuance, while also raising supporting funds. Legal and financial advisors conducted a self-inspection of share trading by related parties between September 30, 2024, and September 8, 2025.

The self-inspection revealed that OFILM Investment Holdings Co., Ltd., a controlling shareholder, transferred 1,724,192 shares on December 19, 2024, as an off-market transfer of pledged securities. Similarly, Sugaoka (China) Co., Ltd., acting in concert with the controlling shareholder, transferred 53,129,217 pledged shares on the same date via an off-market transfer. Both transactions were deemed unrelated to the current asset acquisition.

Additionally, 14 natural persons, including company directors, supervisors, senior management, and related individuals, engaged in share transactions. These individuals declared their actions were based on public information and independent judgment, without using inside information. Both the legal and financial advisors concluded that these share trading activities do not constitute insider trading and do not pose a material legal impediment to the transaction.