Sai Microelectronics: Wholly-owned subsidiary intends to acquire a 19% stake in its holding subsidiary for 624 million RMB.
Sai Microelectronics announced that the National Integrated Circuit Fund will transfer its 19% equity in Seilix Beijing through public listing at a base price of 623.6274 million RMB. The company's wholly-owned subsidiary, Seilix International, plans to participate in the delisting at this base price. After the completion of this transaction, the company will indirectly hold 100% equity of Seilix Beijing. This matter has been approved by the board of directors and still requires approval from the shareholders' meeting. Seilix Beijing had a revenue of 172.9683 million RMB in 2025, with a net loss of 309.8875 million RMB; and a revenue of 39.0676 million RMB in the first three months of 2026, with a net loss of 58.5014 million RMB.
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