Nexchip: The holding subsidiary increases capital and expands shares, and the company waives the right of first refusal

Nexchip announced that its holding subsidiary Hefei Wanxin Integrated Circuit Co., Ltd. plans to implement a capital increase and share expansion. The company's controlling shareholder Hefei Construction Investment Holding Co., Ltd. intends to contribute 3 billion yuan in cash to subscribe for an additional registered capital of 2.84 billion yuan for Wanxin Integrated. After the capital increase is completed, Wanxin Integrated's registered capital will increase from 9.589 billion yuan to 12.429 billion yuan, and Nexchip's shareholding ratio will decrease to 33.7521%, still remaining the largest shareholder. This capital increase constitutes a related party transaction, does not constitute a major asset reorganization, has been approved by the board of directors, and still needs to be submitted for shareholder meeting approval