Gelonghui November 12丨Infineon (002528.SZ) announced that in order to further integrate the company's resources, optimize the company's business structure, and focus on high-quality main businesses, the company plans to sell 81% of its shares in Infineon Systems, a wholly-owned subsidiary. After the equity sale is completed, the company still holds 19% of Infineon Systems's shares, and Infineon Systems will no longer be included in the scope of the company's consolidated statements.

The equity sale will take the form of a public listing. Using August 31, 2023 as the evaluation benchmark date, the total equity value of shareholders holding 100% of Infineon Systems's shares in the company was 259.1128 million yuan (after considering the completion of the debt-for-equity capital increase). Based on this valuation, the company sold 81% of Infineon Systems's shares at a listing price of 209.96 million yuan.

In order to optimize the capital structure of Infineto Systems to facilitate the execution of the sale of 81% of Infineto System's equity transactions, the company plans to increase the capital of Infineto Systems by 92,42581 million yuan through debt-for-equity swaps. The debt-for-equity capital increase is subject to review and approval by the company's board of directors and shareholders' meeting and can only be implemented after the counterparty is delisted.