Silan Micro: Plans to apply for new policy financial instruments loans not exceeding 1.5 billion yuan.

Silan Micro announced on the evening of December 19th that, in order to ensure the smooth implementation of the "12-inch high-end analog integrated circuit chip manufacturing production line project", the company plans to apply for a new policy financial instrument loan of no more than 1.5 billion yuan from the wholly-owned subsidiary of the National Development Bank, Guokai New-Type Policy Financial Instrument Co., Ltd. The loan will have a term of no more than 15 years and an interest rate not exceeding the five-year LPR. This loan is only intended to be used as capital for the "12-inch high-end analog integrated circuit chip manufacturing production line project" by investing in the project company Xiamen Silan Jiehua Microelectronics Co., Ltd. This loan does not require collateral.