VeriSilicon(SH:688521) Zheng Quan Zhi Xing·2025-06-26 16:41Core Viewpoint - The legal opinion letter issued by Fangda Partners confirms the compliance of the issuance process and subscription objects for Chipone Technology (Shanghai) Co., Ltd.'s A-share issuance, ensuring adherence to relevant Chinese laws and regulations [1][2][3]. Group 1: Issuance Approval and Authorization - The issuance has been approved by the board of directors and the shareholders' meeting, with resolutions passed regarding the conditions for issuing A-shares to specific targets and the feasibility of using the raised funds for technological innovation [5][6][7]. - The approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission (CSRC) has been obtained, confirming that the issuance meets the necessary conditions and requirements [7][8]. Group 2: Issuance Process and Results - The issuance plan was submitted to the Shanghai Stock Exchange, and a total of 600 potential subscription targets were identified, including major shareholders, investment funds, securities companies, insurance institutions, and qualified foreign institutional investors [8][9]. - The final issuance price was set at 72.68 RMB per share, with a total of 24,860,441 shares issued, raising a total of 1,806,856,851.88 RMB [12][14][15]. Group 3: Subscription Objects - The final subscription objects included 11 entities, all of which met the qualifications for participation in the issuance, and the total number of subscription objects did not exceed the limit of 35 as stipulated by regulations [16][20]. - The subscription process adhered to the principles of prioritizing subscription price, subscription amount, and the order of receipt of subscription documents [13][20].