Group 1 - The company, Chengdu Sicor Microelectronics Co., Ltd., has signed a tripartite supervision agreement for the storage of raised funds [2][3] - The company successfully raised a total of RMB 138,825 million through the issuance of 25 million shares at a price of RMB 55.53 per share, with a net amount of RMB 125,250.66 million after deducting issuance costs [2] - The raised funds have been fully deposited and verified by Zhonghui Certified Public Accountants [2] Group 2 - The company held meetings to approve the use of excess raised funds to increase the capital of its subsidiary, Hainan Guoxing Feice Technology Co., Ltd., for new project investments [3] - A special account for the raised funds was established at the Industrial and Commercial Bank of China, with a balance of 0 yuan as of January 30, 2026 [4][8] - The tripartite supervision agreement outlines that the special account is exclusively for the storage and use of funds related to the Sicor Testing and Reliability Wenchang Engineering Center project [4][8] Group 3 - The agreement stipulates that the sponsor, China Galaxy Securities Co., Ltd., will supervise the use of the raised funds and conduct at least biannual inspections [5][9] - Any withdrawal exceeding RMB 50 million or 20% of the net raised funds must be reported to the sponsor [6][10] - The agreement will remain effective until all funds are spent and the account is legally closed [7][11]

Core Viewpoint - ST Sike Rui's stock price has increased by 39.69% since January 7, 2026, despite no significant changes in the company's fundamentals, indicating potential market overreaction and irrational speculation [1] Company Summary - The company is currently constructing the "Sike Rui Testing and Reliability Wenchang Engineering Center Project" through its subsidiary Hainan Guoxing Feice Technology Co., Ltd., which is still in the construction phase and has not generated related revenue [1] - There is a notable "hot potato" effect in the trading of the company's stock, leading to significant trading risks and the potential for a rapid short-term price decline [1]