Yoyan Silicon: Intends to participate in the acquisition of 60% of the equity of Jilong Semiconductor, with a reserve price of 451 million yuan.

Notice from Yoyan Silicon: The company plans to participate in the acquisition of Anhui Jinglong Semiconductor Technology Co., Ltd.'s 60% equity through public bidding and delisting in order to acquire the state-owned assets operation Co., Ltd. in Nanqiao District, Chuzhou City. The floor price for the listing transfer is 451 million yuan. If the delisting is successful, the company will hold 60% of Jinglong Semiconductor's equity and include it in the consolidated financial statements. This transaction does not constitute a major asset restructuring and does not constitute a related party transaction. The matter has been reviewed and approved by the company's board of directors and will be submitted to the shareholders' meeting for approval. The company reminds that there are uncertainties in the delisting process and risks of lower than expected profits after the acquisition.