NSIG(SH:688126) Sou Hu Cai Jing·2025-09-27 17:19Core Viewpoint - The company, Shanghai Silicon Industry Group Co., Ltd., is undergoing a significant asset restructuring by acquiring minority stakes in three subsidiaries for a total price of approximately 7.04 billion yuan, which has received approval from the China Securities Regulatory Commission [1][3]. Group 1: Company Performance - As of September 26, 2025, the stock price of Shanghai Silicon Industry is 25.22 yuan, reflecting a 19.75% increase from the previous week [1]. - The company's total market capitalization is approximately 69.28 billion yuan, ranking 18th in the semiconductor sector and 238th among all A-shares [1]. Group 2: Transaction Details - The company plans to acquire 100% equity of the target companies, enhancing its integration in the 300mm semiconductor wafer business [2]. - The transaction involves issuing a total of 447,405,494 shares to seven counterparties, including the Hai Fu Semiconductor Fund and the National Integrated Circuit Industry Investment Fund [1][3]. - The company aims to raise up to 210.5 million yuan from no more than 35 specific investors to support working capital, cash payments, and intermediary fees [1][3]. Group 3: Financial Performance of Target Companies - The target companies reported a year-on-year revenue increase in the first half of 2025, although they are still operating at a loss [3].