Hesheng Silicon Industry: Plans to sell 100% equity of Zhongchuang Intellectual Core for 479 million yuan.

Hesheng Silicon Industry announced that, in order to focus on its core business and optimize its industrial structure, the company's holding subsidiary, Alpha Semiconductors, plans to transfer 100% equity of Zhongchuang Zhixin to Lanxing Electronics and Qianyu Microelectronics for 479.2655 million yuan, with Lanxing Electronics acquiring 70% equity and Qianyu Microelectronics acquiring 30% equity. This transaction constitutes a related party transaction, but does not constitute a major asset restructuring. On April 10, 2026, the board of directors has reviewed and approved the proposal, which does not require approval by the shareholders' meeting. After the completion of the transaction, Zhongchuang Zhixin will no longer be included in the company's consolidated financial statements.