Xinbang Intelligence: The application documents for issuing shares, paying cash to purchase assets, and raising matching funds have been accepted by the Shenzhen Stock Exchange.

date
01/12/2025
Sinbon Intelligent Announcement: The company plans to issue shares and pay cash to purchase 100% of the shares of Wuxi InDx Microelectronics Technology Co., Ltd. held by certain shareholders of InDx Microelectronics, and to raise matching funds from up to 35 specific investors by issuing shares to specific targets. On November 28, 2025, the company received a notice from the Shenzhen Stock Exchange accepting the application documents for the issuance of shares to purchase assets and raise matching funds by Guangzhou Sinbon Intelligent Equipment Co., Ltd. The Shenzhen Stock Exchange has decided to accept the application. This transaction still requires approval from the Shenzhen Stock Exchange and permission from the China Securities Regulatory Commission for registration. The uncertainty remains as to whether the transaction will ultimately pass the review, obtain registration, and the time for the review and registration.