江化微实控人拟变更为上海市国资委

Group 1 - Jiangyin Jianghua Microelectronics Materials Co., Ltd. (referred to as "Jianghua Micro") announced that its controlling shareholder, Zibo Xingheng Tusheng Holdings Co., Ltd. (referred to as "Zibo Xingheng"), signed a share transfer agreement with Shanghai Fuxun Technology Co., Ltd. (referred to as "Shanghai Fuxun") on January 19, 2023, to transfer 92.38 million shares at a price of 20 yuan per share, totaling 1.848 billion yuan [1] - After the transfer, Shanghai Fuxun will hold 23.96% of Jianghua Micro's shares, becoming the controlling shareholder, with the actual controller changing from Zibo Finance Bureau to Shanghai State-owned Assets Supervision and Administration Commission (referred to as "Shanghai SASAC") [1] - Shanghai Fuxun was established on January 13, 2026, with a registered capital of 1 million yuan, and is a limited liability company controlled by state-owned assets [1] Group 2 - The acquisition structure allows for transaction isolation and risk management, facilitating future equity management and industrial integration of the target company [2] - The funding arrangements and operational model of the transaction comply with current laws and regulations, aligning with conventional practices in capital market mergers and acquisitions [2] - Jianghua Micro is a leading company in the domestic wet electronic chemicals industry, specializing in the research, production, and sales of ultra-pure high-purity reagents and photoresist supporting reagents, primarily used in semiconductor chips, display panels, and solar cells [2] Group 3 - Zibo Xingheng has committed to coordinating with the second-largest shareholder, Yin Fuhua, to ensure that Yin recognizes and maintains Shanghai Fuxun's position as the largest shareholder after the transfer of control [3] - Yin Fuhua and related parties are prohibited from engaging in similar business activities as Jianghua Micro and must not solicit company employees [3] - With the entry of state-owned assets, Jianghua Micro is expected to transform from a private sector leader into a platform for the integration of Shanghai's semiconductor materials, benefiting from stronger customer connections within the Shanghai Huayi system [3]