Shengbang Co., Ltd. (03661) plans to acquire a total of 58.2878% of Shanghai Shensiling Microelectronics's shares

According to Zhitong Finance App, Shengbang Co., Ltd. (03661) issued an announcement. On October 26, 2026, the company, the seller and the guarantor entered into a share transfer agreement. The company has conditionally agreed to buy, and the seller has agreed to sell a total of 58.2878% of the shares of the target company Shanghai Shensiling Microelectronics Technology Co., Ltd. (including all of its subsidiaries) (corresponding to the registered capital of the target company RMB 349.72.68 million, and the target company's shares), with a cash consideration of RMB 833 million.

After completion, the company will have an interest in 58.2878% of the shares in the target company. The target company will be a direct non-wholly-owned subsidiary of the Company.

The target company is a limited company established in China that focuses on semiconductor design for sensor chips and mixed signal chips. The products cover many categories such as temperature sensors, temperature and humidity sensors, digital interface chips, and digital-to-analog conversion chips, and are widely used in industrial, networking and computing, medical, and smart wearable devices.

The share transfer is a horizontal business integration of the company in the analog chip circuit. The target company and the company belong to the same semiconductor industry, and their products and application scenarios complement each other. The target company focuses on semiconductor design for sensor chips and mixed signal chips. The products cover many categories such as temperature sensors, temperature and humidity sensors, digital interface chips, and digital-to-analog conversion chips. It has achieved R&D and mass production of hundreds of chips. Downstream applications cover industrial, network and computing, medical care, smart wearables, etc., and has accumulated a number of high-quality end customer resources.

There is a strong synergy between the target company's business and the company in terms of market channels, customer resources and supply chain. Through this share transfer, the company will concentrate the superior resources of all parties, further improve the product line layout, expand R&D team capabilities, and enhance the overall competitiveness of the company.

This share transfer will not have a significant adverse impact on the Company's current financial situation and normal operation of the Company's intended use of its own capital, self-raised capital and/or proceeds from the Company's H share listing. In the long run, this share transfer will have a positive strategic synergy effect, which is in line with the company's overall development plan and the interests of all shareholders.