NSIG(SH:688126) Zheng Quan Ri Bao·2025-11-26 23:13Core Viewpoint - The report outlines the equity changes of Shanghai Silicon Industry Group Co., Ltd. due to the dilution of shares held by the National Integrated Circuit Industry Investment Fund Co., Ltd. as a result of the company's capital increase through various mechanisms, including stock issuance and stock option exercises [1][4][5]. Group 1: Equity Changes - The total share capital of Shanghai Silicon Industry increased from 2,480,260,000 shares to 3,194,582,680 shares, leading to a decrease in the fund's shareholding percentage from 22.86% to 17.75% [4][5]. - The fund's shareholding was diluted through multiple events, including a specific issuance of shares on March 3, 2022, and subsequent stock option exercises on July 6, 2022, and August 22, 2023 [5][6]. - The fund has no plans to increase or decrease its shareholding in the next 12 months, and any changes will be disclosed in accordance with legal requirements [3][4]. Group 2: Issuance Details - The company issued 447,405,494 shares at a price of 15.01 yuan per share for asset acquisition, which represents approximately 14.01% of the total shares post-issuance [12][18][29]. - The issuance was approved by various governing bodies, including the board of directors and the China Securities Regulatory Commission [14][36]. - The shares issued will be subject to a lock-up period of 36 months from the date of issuance [20]. Group 3: Impact on Shareholding Structure - The transaction does not change the control structure of the company, as it remains without a controlling shareholder or actual controller post-transaction [30][38]. - The fund will become a significant shareholder holding over 5% of the company's shares following the transaction [38]. Group 4: Compliance and Legal Opinions - The independent financial advisor and legal counsel confirmed that the transaction complied with relevant laws and regulations, and all necessary approvals were obtained [26][28]. - The asset transfer procedures have been completed, and the company holds 100% equity in the acquired entities [21][22].