Yingfang Micro: The company disclosed relevant announcements, including the "Preliminary Plan for Yingfang Microelectronics Co., Ltd. to issue shares and pay cash to purchase assets, raise supporting funds, and related-party transactions," on January 20, 2026.

Securities Star News, Yingfang Micro (000670) responded to investor questions on the investor relations platform on March 17.

Investor: How is the restructuring progress?

Yingfang Micro Secretary: Thank you for your interest in the company! The company disclosed relevant announcements, including the “Yingfang Microelectronics Co., Ltd. Issuance of Shares and Payment of Cash for Asset Purchase and Fundraising for Supporting Facilities and Related Party Transactions Plan,” on January 20, 2026. This transaction still requires meeting multiple conditions and obtaining approvals from relevant authorities before implementation, including but not limited to the company convening another board meeting to approve the related proposals, the transaction counterparty completing internal decision-making procedures, the shareholders’ meeting approving the transaction, the Shenzhen Stock Exchange reviewing and approving the plan, and the China Securities Regulatory Commission approving registration. As of now, the audit and valuation work related to this transaction has not been completed. The company is actively promoting the related work with all parties involved and will fulfill its information disclosure obligations in accordance with relevant laws and regulations in a timely manner.

Investor: How is the restructuring progress of Yingfang Micro?

Yingfang Micro Secretary: Thank you for your interest in the company! The company disclosed relevant announcements, including the “Yingfang Microelectronics Co., Ltd. Issuance of Shares and Payment of Cash for Asset Purchase and Fundraising for Supporting Facilities and Related Party Transactions Plan,” on January 20, 2026. This transaction still requires meeting multiple conditions and obtaining approvals from relevant authorities before implementation, including but not limited to the company convening another board meeting to approve the related proposals, the transaction counterparty completing internal decision-making procedures, the shareholders’ meeting approving the transaction, the Shenzhen Stock Exchange reviewing and approving the plan, and the China Securities Regulatory Commission approving registration. As of now, the audit and valuation work related to this transaction has not been completed. The company is actively promoting the related work with all parties involved and will fulfill its information disclosure obligations in accordance with relevant laws and regulations in a timely manner.

The above content is compiled from public information by Securities Star and generated by AI algorithm (Network Information Calculation Backup 310104345710301240019), and does not constitute investment advice.