Saijing Technology (00580) plans to join a joint venture to invest in high-performance TPU AI chip-related businesses

According to Zhitong Finance App News, Saijing Technology (00580) announced that on September 9, 2026, Jiashan Saijing Semiconductor, Wuhan Lande and other joint ventures signed an investment cooperation agreement. According to this, the joint venture will establish a joint venture with a registered capital of RMB 20 million. Among them, Jiashan Saijing Semiconductor, and Wuhan Langde (all subsidiaries of the company) will jointly invest a total of RMB 5 million (25% of the shares in the joint venture).

The joint venture is mainly engaged in R&D, production and sales of high-performance TPU AI chips and industry inference products (including customized AI accelerators, edge push technology controllers, high-performance AI workstations, and industry-leading all-in-one computers).

By setting up a joint venture to jointly invest in high-performance TPU AI chip-related businesses, the company can, on the one hand, complement the joint venture's management experience and expertise in the chip business; on the other hand, it can help the Group expand and upgrade its business in the AI field, expand the Group's industrial layout, and consolidate the Group's competitiveness.