On January 10, 2024, Xinlian Integrated Circuit Manufacturing Co., Ltd. issued the "Announcement of Xinlian Integrated Circuit Manufacturing Co., Ltd. on Foreign Investment and Capital Increase to Holding Subsidiaries", indicating that Xinlian Integrated Circuit Manufacturing Co., Ltd. announced important information on foreign investment and capital increase to holding subsidiaries. The investment target is Xinlian Pioneer Integrated Circuit Manufacturing (Shaoxing)**, with an investment amount of 2887.5 billion yuan, of which 279 billion yuan to raise funds for the company, 097.5 billion yuan is the company's own funds. The investment project is SMIC's Shaoxing Phase III 12-inch digital-analog mixed integrated circuit chip manufacturing project, which plans to form an investment of 22.2 billion yuan and a monthly production capacity of 100,000 pieces in the next two to three years.
The company resolved to pass the proposal of foreign investment and capital increase to the holding subsidiary, of which 279 billion yuan still needs to be reviewed by the general meeting of shareholders. The investor is Shaoxing Fuzhejiang Yuexin Integrated Circuit Industry Equity Investment ** Partnership (Limited Partnership), which plans to carry out the first phase of capital increase of Xinlian Pioneer 385 billion yuan, the company increased its capital by 2887.5 billion yuan, accounting for 75% of the total capital increase. The announcement also introduced the basic situation of Shaoxing Fuzhejiang Yuexin Integrated Circuit Industry Equity Investment ** Partnership (Limited Partnership). The main financial indicators of the last year and period show that the company is in good financial condition. The signing of this investment agreement is conducive to the long-term development of the company, in line with the company's overall strategic planning, and will help the company expand its market share and enhance its market competitiveness.
Xinlian Integrated Circuit Manufacturing Co., Ltd. was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange on May 10, 2023, and its main business is wafer foundry and module packaging and testing business in the fields of MEMS and power devices. In the national economic industry, it belongs to the manufacturing category, and the computer, communication and other electronic equipment manufacturing subcategory; In terms of Shenwan's industry classification, it belongs to the electronic category and the semiconductor subcategory. Silicon Integration (688469.)SH) is Haitong ** shares, and the sponsors are Xu Yixiao and Song Xuanyu; The accounting firm for IPO services is Baker Tilly International Accounting Firm (Special General Partnership), and the certified public accountants are Dai Min, Wen Dongmei, and Zhang Li; The IPO service law firm is Shanghai AllBright Law Offices, and the practicing lawyers are Wang Li, Shen Cheng, Bao Fangzhou and Yang Jiwei.
As of 09/01/2024**, the company's share price is 511 yuan shares, with a circulating market capitalization of 564.1 billion yuan.
Announcement**: Disclaimer: This article is written by the robot, jointly incubated by Pencil Road and Hanxin Society, and the main data is provided by Hanguang Suwen. The content and data in this article are for reference only and do not constitute investment advice.