---
title: "NSIG's issuance of shares and cash payment for asset acquisition has been approved for registration by the China Securities Regulatory Commission"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/259056660.md"
description: "NSIG has received approval from the China Securities Regulatory Commission to acquire minority stakes in companies such as Shanghai Xinxing Crystal Investment through the issuance of shares and cash payments, as well as to raise matching funds. The funds involved in this transaction do not exceed 2.105 billion yuan"
datetime: "2025-09-26T11:45:11.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/259056660.md)
  - [en](https://longbridge.com/en/news/259056660.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/259056660.md)
---

# NSIG's issuance of shares and cash payment for asset acquisition has been approved for registration by the China Securities Regulatory Commission

According to the Zhitong Finance APP, Shanghai Silicon Industry (688126.SH) announced that the company previously planned to acquire minority stakes in Shanghai Xinxing Crystal Investment Semiconductor Technology Co., Ltd., Shanghai Xinxing Crystal Science Semiconductor Technology Co., Ltd., and Shanghai Xinxing Crystal Rui Semiconductor Technology Co., Ltd. through the issuance of shares and cash payment, and to raise supporting funds. On September 26, 2025, the company received the "Approval on the Registration of Issuing Shares to Purchase Assets and Raising Supporting Funds by Shanghai Silicon Industry Group Co., Ltd." (Zheng Jian Xu Ke \[2025\] No. 2140) issued by the China Securities Regulatory Commission, approving the company to issue shares and pay cash to six counterparties, including Haifu Semiconductor Venture Capital (Jiaxing) Partnership (Limited Partnership), to purchase assets, and to issue shares to raise supporting funds not exceeding 2.105 billion yuan

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