Mintai Electronics: plans to issue A-shares to raise funds of no more than 1 billion yuan for a project of specialty high-power semiconductor devices and power integrated circuit wafer foundry.

Minde Electronics announcement: The company plans to issue A-shares to specific investors to raise funds of no more than 1 billion yuan. The funds raised will be used for the special high-voltage power semiconductor device and power integrated circuit wafer foundry project, as well as supplementary working capital. The issuance will be limited to a maximum of 35 specific investors who meet the requirements of the China Securities Regulatory Commission, including securities investment fund management companies, securities companies, trust investment companies, financial companies, insurance institutions, qualified overseas institutional investors, as well as other legal entities, natural persons, or institutional investors as stipulated by laws and regulations. The price of the shares issued will not be lower than the issuance floor price, which is not less than 80% of the average trading price of the company's stock in the 20 trading days prior to the pricing benchmark date.