Saiwei Electronics (300456.SZ): Big Fund plans to list and transfer 9.5% of Xylex Beijing's equity subsidiary to enter and delist no more than 324 million yuan

According to the Zhitong Finance App, Sai Wei Electronics (300456.SZ) announced that the National Integrated Circuit Industry Investment Fund Co., Ltd. (hereinafter referred to as “National Integrated Circuit Fund”) plans to transfer 9.5% of the shares of the company's holding subsidiary Xilex Microsystems Technology (Beijing) Co., Ltd. (hereinafter referred to as “Xilex Beijing”) through listing on the property rights exchange after obtaining approval from its state-owned assets authority. Up to now, the National Integrated Circuit Fund has not obtained approval from its state-owned assets authority.

After the aforementioned shares were listed, Beijing Celex International Technology Co., Ltd. (hereinafter referred to as “Xilex International”), a wholly-owned subsidiary of the company, intended to enter and delist through the property rights exchange at a price not higher than 324 million yuan. After the transaction is completed, the company will hold a total of 81% of Xilex Beijing's shares.