Shilanwei: it is proposed to subscribe to the new registered capital of Shilan Jike by 75 million yuan in proportion to the original equity.

On June 4, Shilan Micro announced that Xiamen Shilan Jike Microelectronics Co., Ltd., a shareholding company, plans to increase its registered capital by 500 million yuan.

According to the current equity ratio, Shilanwei and Xiamen Semiconductor Investment Group Co., Ltd. plan to subscribe to the total registered capital of 500 million yuan in the same proportion in currency, of which: Shilan Wei subscribes 75 million yuan; Xiamen Semiconductor Investment Group subscribed 425 million yuan. There is no premium for this contribution. After the completion of this capital increase, the registered capital of Shilan Jike will be increased from 2.50049 billion yuan to 3.00049 billion yuan.

From the perspective of ownership structure, after the completion of capital increase, the ownership structure of Shilan Jike does not change.

Shilanjike has launched the first 12-inch integrated circuit chip production line "additional annual production of 240000 12-inch high-voltage integrated circuits and power device chips to upgrade and expand production."

On the financial side, as of December 31, 2020, Shilan Jike had audited total assets of 3.82247 billion yuan, liabilities of 1.38299 billion yuan and net assets of 2.43948 billion yuan. The net profit in 2020 is-38.33 million yuan. Shilan Jike is still in the period of construction in 2020 and has no main business income. As of March 31, 2021, the unaudited total assets of Shilan Jike are 4.07496 billion yuan, the liabilities are 1.67587 billion yuan, and the net assets are 2.39909 billion yuan. The operating income from January to March of 2021 is 65.1 million yuan and the net profit is-40.39 million yuan.