TailingMicro announced that it plans to purchase 100% of Shanghai Panqi Microelectronics Co., Ltd.'s shares and raise supporting capital through the issuance of shares and cash payment. The transaction price has not been determined, and it is not expected to constitute a related transaction, major asset restructuring, or restructuring and listing. Trading of the company's shares was suspended from the opening of the market on August 25, 2025, and trading resumed from the opening of the market on August 30. As of the disclosure date of the announcement, due diligence, audit, evaluation, etc. are being carried out. The board of directors and shareholders' meeting will be held to review it later. The transaction still requires exchange review and registration with the Securities Regulatory Commission, so there is uncertainty.

TailingMicro announced that it plans to purchase 100% of Shanghai Panqi Microelectronics Co., Ltd.'s shares and raise supporting capital through the issuance of shares and cash payment. The transaction price has not been determined, and it is not expected to constitute a related transaction, major asset restructuring, or restructuring and listing. Trading of the company's shares was suspended from the opening of the market on August 25, 2025, and trading resumed from the opening of the market on August 30. As of the disclosure date of the announcement, due diligence, audit, evaluation, etc. are being carried out. The board of directors and shareholders' meeting will be held to review it later. The transaction still requires exchange review and registration with the Securities Regulatory Commission, so there is uncertainty.