VeriSilicon Holdings has released an official announcement, revealing its strategic plan to acquire an equity stake in Xinlai Zhirong Semiconductor Technology (Shanghai) Co., Ltd. The acquisition will be executed through a combination of share issuance and cash payment, with the company also intending to raise matching (supplementary) funds to support the transaction. On September 11, 2025, VeriSilicon Holdings convened the third meeting of the third session of its board of directors. During this pivotal gathering, a series of proposals pertaining to the aforementioned acquisition were thoroughly reviewed and subsequently approved. Among these proposals was the "Proposal on the Company's Plan to Issue Shares and Pay Cash for Asset Purchase and Raise Supplementary Funds." In light of these developments, the company's stock is scheduled to recommence trading at the market opening on September 12, 2025.