Core Viewpoint - Shanghai Silicon Industry Group Co., Ltd. is undergoing a significant equity change, where the National Integrated Circuit Industry Investment Fund II will increase its stake through the acquisition of shares by issuing new stock to purchase assets from Shanghai Xincheng Semiconductor Technology Co., Ltd. Group 1: Equity Change Details - The equity change involves the acquisition of 43.8596% of the shares of Shanghai Xincheng Semiconductor Technology Co., Ltd. by issuing new shares [7][8] - After the transaction, the National Integrated Circuit Industry Investment Fund II will hold 29,899.47 million shares, representing 9.36% of the total share capital of Shanghai Silicon Industry [11][19] - The transaction price for the acquisition of the 43.8596% stake is set at approximately 3,407,017,543.86 yuan, based on an assessed value of 776,800.00 million yuan for the total equity of Shanghai Xincheng [11][21] Group 2: Financial Data of Shanghai Xincheng - For the fiscal year 2024, Shanghai Xincheng reported total assets of 818,297.20 million yuan, with total liabilities of 156,199.02 million yuan, resulting in owners' equity of 662,098.18 million yuan [21] - The company generated revenue of 113,576.55 million yuan in 2024, but reported a net loss of 11,072.42 million yuan [21] - The current ratio for 2024 is 3.21, indicating a strong liquidity position, while the debt-to-asset ratio stands at 19.09% [21] Group 3: Regulatory and Approval Process - The equity change requires approval from the shareholders' meeting of Shanghai Silicon Industry, as well as registration with the China Securities Regulatory Commission [2][19] - The issuance of new shares will be subject to a lock-up period of 12 months post-issuance, during which the shares cannot be transferred [8][20] - The transaction is contingent upon the completion of necessary regulatory approvals and asset evaluation reports [2][19]

Company Overview - Shanghai Xinxing Crystal Investment Semiconductor Technology Co., Ltd. was established in April 2022 with a registered capital of RMB 2.99 billion, which was later reduced to RMB 2.91 billion after a capital reduction [1][2]. - The main investors include Shanghai Xinxing Semiconductor Technology Co., Ltd. (51.84%), Haifu Semiconductor Venture Capital (Jiaxing) Partnership (42.81%), and others [1][2]. Financial Reporting - The financial statements are prepared in accordance with the accounting standards issued by the Ministry of Finance and reflect the company's financial position as of December 31, 2023, and December 31, 2024 [1][2]. - The company adopts a continuous operation basis for its financial reporting [1]. Accounting Policies - The company uses the Chinese Yuan (RMB) as its functional currency and recognizes cash and cash equivalents based on liquidity and risk of value change [1][2]. - Financial instruments are classified at initial recognition into categories such as amortized cost, fair value through other comprehensive income, and fair value through profit or loss [2][3]. Financial Performance - As of December 31, 2024, the company reported total cash and cash equivalents of approximately RMB 1.17 billion, a decrease from RMB 2.93 billion in 2023 [14]. - Accounts receivable increased from RMB 257.37 million in 2023 to RMB 469.23 million in 2024, indicating a significant growth in sales or credit terms [14]. Inventory and Assets - Inventory is classified into raw materials, work in progress, and finished goods, measured at the lower of cost and net realizable value [8]. - Long-term equity investments are accounted for using the cost method, and any dividends received are recognized as investment income [8]. Revenue Recognition - Revenue is recognized when control of goods or services is transferred to customers, which occurs at the point of delivery [11][12]. - The company also recognizes government grants as deferred income, which is amortized over the useful life of the related assets [13]. Taxation - The company is subject to various taxes, including a corporate income tax rate of 25% and value-added tax rates of 6%, 9%, and 13% depending on the nature of the goods or services [10].

Core Viewpoint - Shanghai Silicon Industry Group Co., Ltd. plans to acquire all equity interests of Shanghai New Ascend Crystal Semiconductor Technology Co., Ltd. through a share issuance and other means, with an asset evaluation report prepared to determine the market value of the equity as of December 31, 2024 [6][15][18]. Group 1: Company Overview - Shanghai Silicon Industry Group Co., Ltd. is a foreign-invested, publicly listed company with a registered capital of 2,747.18 million yuan, established on December 9, 2015 [7]. - Shanghai New Ascend Crystal Semiconductor Technology Co., Ltd. was established on April 21, 2022, with a registered capital of 2,910 million yuan, and is located in the China (Shanghai) Pilot Free Trade Zone [8][14]. Group 2: Asset Evaluation Details - The asset evaluation is based on the market value of the total equity interests of Shanghai New Ascend Crystal Semiconductor Technology Co., Ltd., which includes all assets and related liabilities as of the evaluation benchmark date [6][15]. - The evaluation method used is the asset-based approach, considering the company's actual situation and various influencing factors [6][15][18]. Group 3: Financial Performance - As of December 31, 2024, the total assets of Shanghai New Ascend Crystal Semiconductor Technology Co., Ltd. are projected to be 2,909.67 million yuan, with total liabilities of 0 million yuan, resulting in a net asset value of 2,909.67 million yuan [12][15]. - The company is expected to generate operating revenue of 1,135.77 million yuan in 2024, with a projected net profit of 70.9 million yuan [12][13]. Group 4: Shareholding Structure - Shanghai Silicon Industry Group Co., Ltd. indirectly holds a 53.26% stake in Shanghai New Ascend Crystal Semiconductor Technology Co., Ltd. through its wholly-owned subsidiary [14]. - The shareholding structure of Shanghai New Ascend Crystal Semiconductor Technology Co., Ltd. includes various investors, with the largest being Shanghai New Ascend Semiconductor Technology Co., Ltd. holding 51.84% [9][11]. Group 5: Evaluation Purpose and Basis - The purpose of the asset evaluation is to reflect the market value of the equity interests of Shanghai New Ascend Crystal Semiconductor Technology Co., Ltd. as of the evaluation benchmark date, providing a value reference for the acquisition [15]. - The evaluation is conducted in accordance with relevant laws, regulations, and asset evaluation standards, ensuring independence, objectivity, and fairness [3][20].

Group 1 - The company plans to acquire minority stakes in three semiconductor technology companies through a combination of issuing shares and cash payment [1] - Following the transaction, the company will hold 100% equity in each of the three target companies [1] - The company intends to issue shares to no more than 35 specific investors to raise supporting funds for the acquisition [1] Group 2 - The company's stock was suspended from trading starting February 24, 2025, due to the planned transaction [2] - The stock price of the company increased from 19.35 CNY per share on January 16, 2025, to 20.56 CNY per share on February 21, 2025, reflecting a 6.25% increase [2] - The cumulative price change of the company's stock over the 20 trading days prior to the suspension was 6.25%, while the Shanghai Stock Exchange Sci-Tech Innovation Board 50 Index and the Wind Semiconductor Industry Index showed declines of -8.21% and -7.89% respectively [2]

上海硅产业集团股份有限公司董事会 关于本次交易履行法定程序的完备性、合规性 及提交法律文件的有效性的说明 上海硅产业集团股份有限公司（以下简称"公司"或"上市公司"）拟通过 发行股份及支付现金方式购买上海新昇晶投半导体科技有限公司（以下简称"新 昇晶投"）、上海新昇晶科半导体科技有限公司（以下简称"新昇晶科"）、上海新 昇晶睿半导体科技有限公司（以下简称"新昇晶睿"）的少数股权（以下简称"本 次发行股份及支付现金购买资产"）。 同时，上市公司拟向不超过 35 名特定对象发行股份募集配套资金（与本次 发行股份及支付现金购买资产合称"本次交易"）。 本次交易完成后，公司将通过直接和间接方式持有新昇晶投 100%股权、新 昇晶科 100%股权、新昇晶睿 100%股权。 根据《中华人民共和国公司法》 《中华人民共和国证券法》 《上市公司重大资 产重组管理办法》《上市公司证券发行注册管理办法》《上市公司监管指引第 9 号——上市公司筹划和实施重大资产重组的监管要求》《公开发行证券的公司信 息披露内容与格式准则第 26 号——上市公司重大资产重组》 《上海证券交易所科 创板股票上市规则》《上海证券交易所上市公司自律监管指 ...

| | | 单位：万元 | | | --- | --- | --- | --- | | 资产总额及交易金 | | 资产净额及交易金 | | | | 项目 | 营业收入 | | | 额孰高 | 额孰高 | | | | 382,886.24 | 新昇晶投 46.7354%股权 | 185,156.68 | 53,080.45 | | 381,585.96 | 新昇晶科 49.1228%股权 | 381,585.96 | 29,717.38 | | 137,219.51 | 48.7805%股权 新昇晶睿 | 137,219.51 | 4,247.02 | | 901,691.72 | 本次交易标的资产合计 | 703,962.15 | 87,044.85 | | | 最近 12 个月购买资产太原晋科硅 | | | | | 材料技术有限公司 | | | | 1,151,691.72 | 累计计算 | 953,962.15 | 87,044.85 | | 资产总额及交易金 | | 资产净额及交易金 | | | | 项目 | | 营业收入 | | 额孰高 | 额孰高 | | | | 2,926,984.24 | 上市公 ...

上海硅产业集团股份有限公司 关于本次重组前发生业绩异常或本次重组存在 拟置出资产情形之专项核查意见 上海硅产业集团股份有限公司（以下简称"公司" "上市公司" "沪硅产业"） （二）上市公司及其控股股东、实际控制人、现任董事、监事、高级管理 人员是否曾受到行政处罚、刑事处罚，是否曾被交易所采取监管措施、纪律处 分或者被中国证监会派出机构采取行政监管措施，是否有正被司法机关立案侦 查、被中国证监会立案调查或者被其他有权部门调查等情形 经核查，截至本核查意见出具日，公司及其持股 5%以上股东、现任董事、 监事、高级管理人员最近三年不存在受到行政处罚（与证券市场明显无关的除外）、 刑事处罚的情形，不存在曾被证券交易所采取监管措施、纪律处分或者被中国证 监会派出机构采取行政监管措施的情形，亦不存在正被司法机关立案侦查、被中 国证监会立案调查或者被其他有权部门调查等情形。 拟以发行股份及支付现金方式购买上海新昇晶投半导体科技有限公司（以下简称 "新昇晶投"）46.7354%股权、上海新昇晶科半导体科技有限公司（以下简称"新 昇晶科"）49.1228%股权及上海新昇晶睿半导体科技有限公司（以下简称"新昇 晶睿"）48.7 ...

关联交易独立财务顾问的承诺函 中国国际金融股份有限公司关于担任上海硅产业集团股份 有限公司发行股份及支付现金购买资产并募集配套资金暨 上海硅产业集团股份有限公司（以下简称"上市公司"）拟以发行股份及支付 现金方式购买上海新昇晶投半导体科技有限公司 46.7354%股权、上海新昇晶科 半导体科技有限公司 49.1228%股权及上海新昇晶睿半导体科技有限公司 48.7805% 股权，并向不超过 35 名特定投资者发行股份募集配套资金（以下简称"本次交 易"）。中国国际金融股份有限公司（以下简称"本独立财务顾问"）作为本次 交易的独立财务顾问，根据《上市公司重大资产重组管理办法》《公开发行证券 的公司信息披露内容与格式准则第 26 号——上市公司重大资产重组》《上海证 券交易所上市公司自律监管指引第 6 号——重大资产重组》《上市公司并购重组 财务顾问业务管理办法》等相关法律法规要求，就本次交易相关事宜进行了尽职 调查，对本次交易出具了《中国国际金融股份有限公司关于上海硅产业集团股份 有限公司发行股份及支付现金购买资产并募集配套资金暨关联交易之独立财务 顾问报告》，现就相关事宜承诺如下： 信所发表的专业意见与上市公 ...

上海硅产业集团股份有限公司董事会 关于公司发行股份及支付现金购买资产并募集配套资金 前 12 个月内购买、出售资产情况的说明 本次交易前 12 个月内，公司通过全资子公司与其他方共同出资，投资设立 控股子公司太原晋科硅材料技术有限公司。根据《重组管理办法》的规定，前 述投资涉及标的资产与标的公司新昇晶投、新昇晶科、新昇晶睿均从事半导体 硅片制造，属于相同或者相近业务范围，需纳入本次交易的累计计算范围。 除上述事项外，公司在本次交易前 12 个月内未发生《重组管理办法》规定 的与本次交易相关的重大购买、出售资产交易行为。 特此说明。 （以下无正文） （本页无正文，为《上海硅产业集团股份有限公司董事会关于公司发行股份及 支付现金购买资产并募集配套资金前 12 个月内购买、出售资产情况的说明》之 签章页） 上海硅产业集团股份有限公司董事会 上海硅产业集团股份有限公司（以下简称"公司"或"上市公司"）拟通过 发行股份及支付现金方式购买上海新昇晶投半导体科技有限公司（以下简称 "新昇晶投"）、上海新昇晶科半导体科技有限公司（以下简称"新昇晶科"）、 上海新昇晶睿半导体科技有限公司（以下简称"新昇晶睿"，和新昇晶投、新昇 ...

证券代码：688126 证券简称：沪硅产业 公告编号：2025-032 上海硅产业集团股份有限公司 关于披露发行股份及支付现金购买资产并募集配套资金 暨关联交易报告书（草案）暨一般风险提示公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、本次交易方案披露情况 上海硅产业集团股份有限公司（以下简称"公司"）拟通过发行股份及支付 现金方式购买上海新昇晶投半导体科技有限公司、上海新昇晶科半导体科技有限 公司、上海新昇晶睿半导体科技有限公司的少数股权，并募集配套资金（以下简 称"本次交易"）。 经向上海证券交易所申请，公司股票（证券简称：沪硅产业，证券代码：688126） 自 2025 年 2 月 24 日开市起停牌，具体内容详见公司于 2025 年 2 月 22 日披露的 《上海硅产业集团股份有限公司关于筹划发行股份及支付现金购买资产并募集 （公告编号：2025-007）、于 2025 年 3 月 1 《关于 <上海硅产业集团股份有限公司发行股份及支付> 现金购买资产并募集配套资金暨关联交易报告书（草案）>及其摘要的议案 ...