Societe Generale Technology announced that on July 23, 2026, Jiangsu Xingguang, a wholly-owned subsidiary of the company, signed an agreement with Qingdao Leon to acquire its indium phosphide business and assets with 55 million yuan in cash. As of May 31, 2026, the business had total assets of 17.024,600 yuan and net assets of 6.374 million yuan; revenue from January to May 2026 was 2.3438 million yuan, with a net loss of 1.449 million yuan. The acquisition is expected to have very little impact on the company's current profit, but the company lacks experience in the semiconductor field, and the target has not been profitable in the past three years, and there are risks such as market development, customer certification, and formalities.

Societe Generale Technology announced that on July 23, 2026, Jiangsu Xingguang, a wholly-owned subsidiary of the company, signed an agreement with Qingdao Leon to acquire its indium phosphide business and assets with 55 million yuan in cash. As of May 31, 2026, the business had total assets of 17.024,600 yuan and net assets of 6.374 million yuan; revenue from January to May 2026 was 2.3438 million yuan, with a net loss of 1.449 million yuan. The acquisition is expected to have very little impact on the company's current profit, but the company lacks experience in the semiconductor field, and the target has not been profitable in the past three years, and there are risks such as market development, customer certification, and formalities.