SG Micro Corp has revealed its intention to acquire a 58.2878% stake in Shanghai Senelic Microelectronics Technology Co., Ltd., for a total of 833 million RMB. The acquisition will be financed through the company's own funds, self-raised capital, and/or proceeds from its H-share listing. Upon the completion of this transaction, SG Micro Corp will emerge as the controlling shareholder of Senelic Microelectronics and will incorporate it into its consolidated financial statements. The target company, Senelic Microelectronics, specializes in the design of sensor chips and mixed-signal chips. Its product range includes temperature sensors, temperature and humidity sensors, and more, which find widespread applications in industrial, medical, and smart wearable sectors. Notably, this transaction does not qualify as a related-party transaction or a major asset restructuring. It falls within the purview of the board of directors' approval authority, thereby negating the necessity for submission to the shareholders' meeting for review.