Dagang Co., Ltd. announced that Keli Semiconductor, a wholly-owned subsidiary of the company, plans to transfer 16% of the shares of the participating company Suzhou Keyang through public listing at a reserve price of 200 million yuan. The consortium composed of the Shanghai Semiconductor Materials Fund Phase II and the Beijing Xiaomi Intelligent Manufacturing Fund will be delisted at the reserve price. Both parties will each transfer 8% of the shares and pay 100 million yuan each. After the transaction was completed, Keli Semiconductor still held 12.56% of Suzhou Keyang's shares. The company can recover about 200 million yuan of capital, which is expected to affect current profit and loss of about 40 million yuan. This transaction does not constitute a related transaction or major asset restructuring. It still needs to be submitted to the company's shareholders' meeting for review and approval by the competent state-owned assets department.

Dagang Co., Ltd. announced that Keli Semiconductor, a wholly-owned subsidiary of the company, plans to transfer 16% of the shares of the participating company Suzhou Keyang through public listing at a reserve price of 200 million yuan. The consortium composed of the Shanghai Semiconductor Materials Fund Phase II and the Beijing Xiaomi Intelligent Manufacturing Fund will be delisted at the reserve price. Both parties will each transfer 8% of the shares and pay 100 million yuan each. After the transaction was completed, Keli Semiconductor still held 12.56% of Suzhou Keyang's shares. The company can recover about 200 million yuan of capital, which is expected to affect current profit and loss of about 40 million yuan. This transaction does not constitute a related transaction or major asset restructuring. It still needs to be submitted to the company's shareholders' meeting for review and approval by the competent state-owned assets department.