MEMS has issued an announcement revealing that the National Integrated Circuit Industry Investment Fund intends to transfer its 9.5% equity stake in Silex Beijing via a property rights exchange listing, subject to approval from the relevant state-owned assets authority. As of now, the approval process is still ongoing. MEMS' wholly-owned subsidiary, Silex International, plans to participate in the acquisition with an offer not exceeding 324 million yuan. Upon successful conclusion of the transaction, MEMS will hold a total equity interest of 81% in Silex Beijing.