According to the Shanghai Silicon Industry announcement, the company's application to raise supporting capital of not more than 2.05 billion yuan was approved. The current issuance of 110 million shares, of 1,906 yuan per share, raised a total of 2.05 billion yuan, with a net amount of 2,079 billion yuan after deducting expenses. The company opened a special account at the Shanghai Hualing branch of China Merchants Bank. Recently, it signed a “Tripartite Supervision Agreement” with financial adviser CICC and the bank. As of December 15, 2025, the balance of the special account was $10,000. The agreement clarifies the parties' rights and obligations and liability for breach of contract.

Zhitongcaijing · 3d ago
According to the Shanghai Silicon Industry announcement, the company's application to raise supporting capital of not more than 2.05 billion yuan was approved. The current issuance of 110 million shares, of 1,906 yuan per share, raised a total of 2.05 billion yuan, with a net amount of 2,079 billion yuan after deducting expenses. The company opened a special account at the Shanghai Hualing branch of China Merchants Bank. Recently, it signed a “Tripartite Supervision Agreement” with financial adviser CICC and the bank. As of December 15, 2025, the balance of the special account was $10,000. The agreement clarifies the parties' rights and obligations and liability for breach of contract.