On 11 January 2012, the application for the non-public issue of A shares of CSR Corporation (SHA:601766, HKG:1766) was approved by the Public Offering Review Committee of China Securities Regulatory Commission (CSRC). The company will publish another announcement once it receives the official approval document from CSRC.

On 22 September 2011, The company announced that it intends to launch a non-public issue of up to 1.963 billion new A shares to no more than 10 target subscribers, including CSR Group, the controlling shareholder of CSR Corp, at the subscription price of not lower than RMB4.46 per A share. The minimum consideration payable by CSR Group in cash is RMB6 billion. CSR Group shall not transfer the new A shares subscribed for within 36 months from the date of completion of the proposed placing.