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Kaiweite announced that the company plans to issue shares and pay cash to purchase 100% of Jingyi Semiconductor Co., Ltd.'s shares and raise supporting capital. This transaction constitutes a major asset restructuring and related transaction, and does not constitute a restructuring and listing. The company received the transaction review inquiry letter issued by the Shanghai Stock Exchange on September 8, 2026. Since some matters require further implementation, it is expected that it will not be possible to submit a complete response within the specified time. It has applied to the Shanghai Stock Exchange for an extension of no more than 1 month from the date the response period expires. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange, and the Securities Regulatory Commission agrees to register, etc., and there is uncertainty about whether and when it will be approved.
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Kaiweite announced that the company plans to issue shares and pay cash to purchase 100% of Jingyi Semiconductor Co., Ltd.'s shares and raise supporting capital. This transaction constitutes a major asset restructuring and related transaction, and does not constitute a restructuring and listing. The company received the transaction review inquiry letter issued by the Shanghai Stock Exchange on September 8, 2026. Since some matters require further implementation, it is expected that it will not be possible to submit a complete response within the specified time. It has applied to the Shanghai Stock Exchange for an extension of no more than 1 month from the date the response period expires. The transaction still needs to be reviewed and approved by the Shanghai Stock Exchange, and the Securities Regulatory Commission agrees to register, etc., and there is uncertainty about whether and when it will be approved.
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