Zhong Guo Jing Ji Wang·2025-12-01 07:49Group 1 - The company Guoke Microelectronics (国科微) announced the termination of its plan to issue shares and pay cash for asset acquisition and related fundraising on November 28, 2025, due to the inability to reach consensus on related matters within the expected timeframe [1] - The decision to terminate the transaction was made after thorough communication and negotiation with relevant parties, emphasizing the company's commitment to safeguarding the long-term interests of the company and its investors [1] - The termination was approved by the company's board of directors and supervisory board, and independent directors also expressed their agreement on the decision [1] Group 2 - On June 6, 2025, Guoke Microelectronics had proposed to acquire a 94.366% stake in Zhongxin Integrated Circuit (Ningbo) Co., Ltd. from 11 counterparties through a combination of share issuance and cash payment [2] - The proposed share issuance price was set at 57.01 yuan per share, which is not less than 80% of the average trading price of the company's shares over the 20 trading days prior to the pricing date [2] - Financial performance of Zhongxin Ningbo showed revenues of 213.24 million yuan, 453.80 million yuan, and 107.65 million yuan for the years 2023, 2024, and the first quarter of 2025, respectively, with net losses of 842.93 million yuan, 813.06 million yuan, and 150.09 million yuan during the same periods [2][3]