Zheng Quan Zhi Xing·2025-08-12 12:10Summary of Key Points Core Viewpoint - The report outlines the process and compliance of the share transfer of Longxin Technology Co., Ltd. (龙芯中科) from specific institutional investors through a price inquiry transfer method, ensuring adherence to relevant regulations and fairness in the process [1][7]. Group 1: Overview of the Share Transfer - The transfer involves a maximum of 5,498,219 shares, representing a specific percentage of the total share capital of Longxin Technology [1]. - The transfer is conducted by the shareholders through a price inquiry method, as per the guidelines set by the Shanghai Stock Exchange [1][2]. Group 2: Pricing and Allocation Principles - The minimum price for the share transfer is determined based on the shareholders' financial needs and must not be lower than the specified guidelines [2]. - The allocation of shares follows a priority system based on subscription price, quantity, and the time of submission of the subscription forms [2][3]. Group 3: Transfer Process - A total of 421 institutional investors received the subscription invitation, including various types of investment firms [5]. - During the subscription period, 18 valid subscription forms were received, leading to the initiation of an additional subscription process [6]. Group 4: Final Pricing and Distribution - The final transfer price was set at 103.60 yuan per share, with a total transaction amount of 569,615,488.40 yuan [6]. - The final allocation included 16 investment institutions, with specific details on the number of shares and amounts involved [7]. Group 5: Compliance and Verification - The report confirms that the transfer process was legal and compliant with various laws and regulations, ensuring fairness and transparency [7][9]. - Both the transferor and transferee qualifications were verified, confirming that all parties met the necessary criteria for participation in the share transfer [8][9].