Domestic 12-inch silicon wafer leading company Xi'an Yicai (688783.SH) plans to publicly issue 538 million shares.

Wisdom Financial APP news, Xi'an Yicai (688783.SH) disclosed the prospectus for the IPO, the company plans to issue approximately 538 million shares this time, accounting for 13.32% of the total share capital of the company after this issuance. Senior management and core employees plan to participate in this strategic placement through asset management plans, with a total participation amount not exceeding 10% of the total issuance, i.e. 53.78 million shares; at the same time, the total subscription amount does not exceed 153.28 million yuan, and the final strategic placement quantity will be determined after the issuance price is determined on T-2 day. The sponsor institution will arrange for related subsidiaries of Zhongzheng Investment to participate in this strategic placement, with an initial co-investment ratio expected to be 5% of the total issuance, i.e. 26.89 million shares. The preliminary inquiry date for this issuance is October 13, 2025, the subscription date is October 16, 2025, and the company will apply for listing on the Shanghai Stock Exchange's Sci-Tech Innovation Board as soon as the issuance is completed.