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Sun.King Technology forms RMB 20 million AI chip joint venture, takes 25% stake

PUBT·09/09/2026 10:21:05
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Sun.King Technology forms RMB 20 million AI chip joint venture, takes 25% stake
  • Sun.King Technology Group entered an investment cooperation agreement to form Zhejiang Xuanju Microelectronics with RMB 20 million registered capital.
  • Group subsidiaries Jiashan Sunking, Sunking Semiconductor, Wuhan Langde to invest RMB 5 million for a combined 25% stake.
  • JV to develop, manufacture, sell high-performance TPU AI chips, related industry-specific AI reasoning products.
  • Cash contributions due within five years; funding for Sun.King’s portion to come from internal resources.
  • Transaction classified as connected due to participation by entities linked to executive director Xiang Jie; shareholder approval not required.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sun.King Technology Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260909-12326328), on September 09, 2026, and is solely responsible for the information contained therein.