On October 16, 2025, Nexchip Integration made an announcement stating that its controlled subsidiary, Wanxin Integration, was planning to undertake a capital increase and share expansion. The controlling shareholder of Wanxin Integration, Hefei Construction Investment, intended to inject 3 billion yuan in cash to subscribe for 2.84 billion yuan worth of newly increased registered capital of Wanxin Integration.
Nexchip Integration decided to waive its pre - emptive right, which would result in its shareholding ratio decreasing to 33.7521%. Following the capital increase, Nexchip Integration would still hold the position of the largest shareholder of Wanxin Integration and retain control over it. Moreover, this move would not bring about any changes to the scope of the consolidated financial statements.
It's worth noting that this capital increase operation constitutes a related - party transaction. The transaction has already undergone review and approval by the company's board of directors. However, it still requires submission to the shareholders' meeting for further review.
