Sino-Microelectronics(SH:600360) Shang Hai Zheng Quan Bao·2025-06-25 19:20Group 1 - The company will hold its second extraordinary general meeting of shareholders on July 11, 2025, at 9:30 AM in Jilin City, China [2][11] - Voting will be conducted through a combination of on-site and online methods, with specific time slots for each [3][8] - Shareholders must register to attend the meeting, either in person or through authorized representatives [14][16] Group 2 - The company is under a corrective order from the Jilin Securities Regulatory Bureau to recover 1.49 billion yuan of misappropriated funds by August 12, 2025, or face potential delisting [24][27] - The company has been under delisting risk warning since May 6, 2025, due to an audit report that could not express an opinion on its financial statements [31][32] - The company is actively working with its controlling shareholder, Shanghai Pengsheng, to resolve the misappropriation issue through a proposed share transfer to Jilin Yadong State Capital Investment Co., Ltd. [40][55] Group 3 - The share transfer agreement involves transferring 214,326,656 shares, representing 22.32% of the company's total shares, to Jilin Yadong, with proceeds prioritized for repaying misappropriated funds [55][58] - The transaction is subject to approval from the shareholders' meeting and regulatory bodies, including the State Administration for Market Regulation [41][71] - The company aims to leverage the advantages of state-owned capital to enhance its operational quality and market competitiveness post-transaction [70]