Shangfeng Cement: Shanghai Chao Gu intends to issue no more than 208 million A-shares.

Shanghai Jingfeng Cement Co., Ltd. announced that the company, as the investing entity of its wholly-owned subsidiary Ningbo Shangrong Logistics Co., Ltd., has jointly established a private equity investment fund with a professional institution called Suzhou Puda Entrepreneurship Investment Partnership Enterprise, which has applied for the first public offering of shares by Shanghai Chao Silicon Semiconductor Co., Ltd. and listing on the Science and Technology Innovation Board. The application was accepted by the Shanghai Stock Exchange on June 13, 2025. Shanghai Chao Silicon is mainly engaged in the research, development, production, and sales of 300mm and 200mm semiconductor silicon wafers, which are in high demand in the global semiconductor market. It has become an internationally renowned semiconductor silicon wafer manufacturer. The company has a 300mm semiconductor silicon wafer production line with a designed capacity of 700,000 pieces per month, and a 200mm semiconductor silicon wafer production line with a designed capacity of 400,000 pieces per month. The products have been mass-produced and applied to advanced process chips, including NAND Flash/DRAM/Nor Flash storage chips, logic chips, among others. Shanghai Chao Silicon plans to publicly issue no more than 208 million ordinary A shares in RMB, accounting for no less than 15% of the total issued share capital after deducting issuance expenses, with a planned fundraising of 4.965 billion RMB. Ningbo Shangrong, as a limited partner, will invest 326 million RMB and hold 99.69% of the investment shares in Suzhou Puda.