Shanghai Xiba (603200.SH) plans to transfer part of its equity in its wholly owned subsidiary Zhejiang LingSilicon and introduce investors through targeted capital increase.

Zhitong Finance APP News, Shanghai Xiba (603200.SH) announced that the company's controlling subsidiary Zhejiang Linggui Technology Co., Ltd. (hereinafter referred to as "Zhejiang Linggui") introduced investors Dongguan Ruitai Entrepreneurship Investment Partnership Enterprise (Limited Partnership) through the transfer of partial equity plus targeted capital increase method. (hereinafter referred to as "Ruitai Investment"), Xinyu Ketai Investment Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Ketai Investment"), Dongguan Yueke Xintai Industrial Control Entrepreneurship Investment Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Yueke Xintai"), Yueke Xinjiang Investment Partnership Enterprise (Limited Partnership) (hereinafter referred to as "Huiqiao Jiuhao"). The company transferred 3.75% of its shares in Zhejiang Linggui to Ruitai Investment, corresponding to 375,000 shares, at a transfer price of RMB 15 million; the company transferred 1.50% of its shares in Zhejiang Linggui to Huiqiao Jiuhao, corresponding to 150,000 shares, at a transfer price of RMB 6 million.