Xinbang Intelligence: Intends to purchase controlling stake in Wuxi Yindi Silicon Microelectronics Technology Co., Ltd., and resume trading of stocks.
Xinbang Intelligent Announcement: The company plans to purchase the controlling rights of Wuxi Indi Semiconductor Technology Co., Ltd. from Wuxi Linying Enterprise Management Consulting Partnership Enterprise through the issuance of shares, convertible corporate bonds, and cash payment, and intends to issue shares to no more than 35 specific investors to raise supplementary funds. This transaction is expected to constitute a related party transaction, a major asset restructuring, but not a restructuring for listing. The company's securities will be suspended from May 6, 2025, with an expected suspension period of no more than 10 trading days. On May 19, 2025, the company held the 25th meeting of the third board of directors and approved the relevant resolutions. The company's stock will resume trading from May 20, 2025.
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