On December 12|Infineon (002528.SZ) announced that due to poor business conditions in the company's digital marketing business, there have been continuous losses, which have had a serious negative impact on the company's overall business conditions. In order to further integrate the company's resources, optimize the company's business structure, and focus on high-quality main business, the company held the 5th meeting of the 6th board of directors and the 5th meeting of the sixth board of supervisors on November 16, 2023, and deliberated and passed the “Proposal on the listing and transfer of 100% of the shares of Xinpu Internet (Beijing) Technology Co., Ltd. and the debt-for-equity capital increase with conditions”. It was agreed that the company would sell 100% of the shares of Xinpu Internet through public listing. Under the premise of simulating debt-for-equity swaps, based on the valuation value of the evaluation benchmark date of August 31, 2023, the listing price was set as 42,1747 million yuan; In order to optimize the capital structure of Xinpu Internet to facilitate the execution of the sale of 100% of Xinpu Internet's equity transactions, it was agreed that the company would increase the capital of Xinpu Internet by 56,7223,500 yuan by debt-for-equity swaps. The debt-for-share capital increase matters must be reviewed and approved by the company's board of directors and shareholders' meeting and can only be implemented after the counterparty's delisting.

From November 27 to 28, 2023, 100% of the shares of Xinpu Internet will be publicly auctioned on the Taobao Asset Auction Online Platform (. According to the bidding results, the counterparty was determined to be Zhiwen Technology, and the transaction price was RMB 42,1747 million. The company plans to increase the capital of Xinpu Internet by 567.223.5 million yuan through debt-for-equity swaps. After the above debt-for-equity swaps are completed, it plans to transfer 100% of Xinpu Internet's shares to Zhiwen Technology, and also plans to sign the “Share Transfer Agreement on Xinpu Internet (Beijing) Technology Co., Ltd.” and other relevant agreements related to this transaction with Wentech and others. After this transaction is completed, Xinpu Internet will no longer be included in the scope of the company's consolidated statements.