China Micro announced that the company is planning to purchase a controlling interest in Hangzhou Zhongsilicon Electronic Technology Co., Ltd. and raise supporting capital by issuing shares. The valuation and pricing of the underlying assets have not yet been determined. According to preliminary estimates, this transaction does not constitute a major asset restructuring. Trading of the company's shares has been suspended since the opening of the market on December 19. The suspension period is expected to be no more than 10 trading days.

China Micro announced that the company is planning to purchase a controlling interest in Hangzhou Zhongsilicon Electronic Technology Co., Ltd. and raise supporting capital by issuing shares. The valuation and pricing of the underlying assets have not yet been determined. According to preliminary estimates, this transaction does not constitute a major asset restructuring. Trading of the company's shares has been suspended since the opening of the market on December 19. The suspension period is expected to be no more than 10 trading days.