On the evening of May 29, the company announced that it had received the review opinions issued by the Shanghai Stock Exchange on the same day. The company's application for the issuance of shares to specific objects meets the issuance conditions, listing conditions, and information disclosure requirements. The Shanghai Stock Exchange will submit the company's application documents to the China Securities Regulatory Commission for registration after receiving them. The fundraising prospectus previously disclosed by YDME shows that the company plans to issue no more than 225 million shares to its controlling shareholder and actual controller, Beijing Electronic Holdings Co., Ltd., at an issuance price of 17.86 yuan per share, with a total fundraising amount not exceeding 4.02 billion yuan. Among this, 4 billion yuan will be used for the 12-inch integrated circuit production line project of Beidian Integrated, and 20 million yuan will be used to supplement working capital. Beijing Electronic Holdings will fully subscribe to the shares issued in cash, and after the issuance is completed, its shareholding ratio will increase from 34.96% to 45.21%, remaining the controlling shareholder of the company, which will not lead to a change in the company's control. The company closed at 19.24 yuan per share on May 29