On September 12, news emerged indicating that CIL Integrate, along with its subsidiaries—CIL Yuezhou, CIL Pioneer, and Jiguang Semiconductor—are set to transfer their testing business equipment, patents, and non-patent proprietary technologies to Shanghai Xin Gang Lian Ce Semiconductor Co., Ltd. The agreed transfer price stands at a minimum of RMB 458 million. This transaction, classified as a related-party deal, does not qualify as a major asset restructuring. The proposal has already secured approval from the board of directors and now awaits the green light from the shareholders' meeting. Shanghai Xin Gang Lian Ce Semiconductor Co., Ltd. boasts a registered capital of RMB 400 million, with CIL Pioneer holding a 50% stake. The primary objectives behind this transaction are to streamline the product lineup, expedite project development, and foster greater autonomy in the joint venture's operations. The assets earmarked for transfer have been appraised at RMB 458 million, reflecting an appreciation rate of 132.68%.