Kingsemi Co Ltd688037
± MixedCapitalrelevance
Plans to transfer 50% stake in subsidiary; price undetermined, impact unclear.

Kingsemi announced plans to publicly list for transfer its 50% stake in controlling subsidiary Guangzhou Xinzhi Technology on the Beijing Equity Exchange, with the reserve price based on the state-asset-filed appraisal value. The book cost of the 50% stake in Guangzhou Xinzhi is 30 million yuan, and the transaction price has not yet been determined. In the first quarter of 2026, Kingsemi achieved revenue of 331 million yuan and net profit attributable to the parent of 3.51 million yuan.
Kingsemi Co LtdPlans to transfer 50% stake in subsidiary; price undetermined, impact unclear.
Company is the subsidiary whose stake is being transferred; impact depends on buyer and price.