Core Semiconductor may have to extend the listing time again

The asset transfer of Chengdu Chengxin Semiconductor Manufacturing Co., Ltd. (hereinafter referred to as “Chengxin”) has not been completed after the first extension. This means that the core may have to extend the listing time again.

According to the information of the website of the Southwest United Assets and Equity Exchange, the listing price of Chengdu Chengxin is 1.188 billion yuan, and the expiration date of the first listing is August 11, 2010. However, during the first listing period, the transfer of Chengxin assets was not successful.

Subsequently, Chengxin extended the expiration date of the asset transfer listing to August 25. However, during the extended listing period, the core asset receiving party still did not appear. According to the listing rules: after the expiration of the listing period, if the intended transferee is not collected, if the listing condition is not changed, it will be extended according to 10 working days, until the intended transferee is collected.

The staff of the Southwest United Property Rights Transaction responsible for the transfer of the assets told Sina Technology that the transfer of Chengxin Assets was proceeding in accordance with the established policy and refused to disclose other details.

Gu Wenjun, a senior analyst in the semiconductor industry, told Sina Technology that the transfer of core assets will lead to the increasingly fragile foundation of domestic semiconductors. "At this critical juncture, government departments should strengthen investment and support for the semiconductor industry. Because upgrading silicon competitiveness and developing silicon economy is of great significance in industrial upgrading."

He also expressed concern that Chengxin may be transferred to Texas Instruments, and Wuhan Xinxin may also be fully acquired by foreign investors. "The lack of foundry will lead to the increasingly fragile domestic semiconductor foundation."

Chengdu Chengxin Semiconductor Manufacturing Co., Ltd. was established in September 2005 with a registered capital of RMB 2.25 billion. It was jointly invested by Chengdu Gaoxin Investment Group Co., Ltd. and Chengdu Industrial Investment Group Co., Ltd., and cooperated with SMIC to build the core project. And operational management.

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