Unicorn Microelectronics: Trading in the company's securities will remain suspended
According to an announcement by Unisoc, Unigroup Guoxin Microelectronics Co., Ltd. is currently planning to issue shares and pay cash to acquire a controlling stake or all shares of Ruineng Semiconductor Technology Co., Ltd. held by transaction counterparties such as Nanchang Jian’en Semiconductor Industry Investment Center, Beijing Guangmeng Semiconductor Industry Investment Center, and Tianjin Ruixin Semiconductor Industry Investment Center, and to raise supporting funds. As of the date of this announcement, the Company, together with the relevant parties, is actively advancing the work related to this transaction, including negotiating the transaction plan and preparing the preliminary transaction proposal. Given that there remains uncertainty regarding the matters related to this transaction, and in order to protect the interests of investors and prevent abnormal fluctuations in the trading price of the Company’s securities, the Company’s securities will remain suspended from trading in accordance with the relevant regulations of the Shenzhen Stock Exchange.
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