Jingfang Technology announced that in order to cope with industrial restructuring, the company is promoting an internationalization strategy. An overseas headquarters platform was established in Singapore in May 2023, and WaferTek was established in Malaysia in June 2024. Up to now, the purchase of the WaferTek land plant has been completed and the construction phase has begun. It is now proposed to optimize the planned investment amount of WaferWise to 150 million ringgit. The equity structure is that investors with Malaysian industry and government backgrounds hold 50% of the total shares, the WaferWise core team holds 8% of the shares, Jingfang Technology holds 19.9% of the shares, and Wang Wei, the chairman and general manager of the company, holds 22.1% of the shares. This matter constitutes a related transaction and does not constitute a major asset restructuring.

Jingfang Technology announced that in order to cope with industrial restructuring, the company is promoting an internationalization strategy. An overseas headquarters platform was established in Singapore in May 2023, and WaferTek was established in Malaysia in June 2024. Up to now, the purchase of the WaferTek land plant has been completed and the construction phase has begun. It is now proposed to optimize the planned investment amount of WaferWise to 150 million ringgit. The equity structure is that investors with Malaysian industry and government backgrounds hold 50% of the total shares, the WaferWise core team holds 8% of the shares, Jingfang Technology holds 19.9% of the shares, and Wang Wei, the chairman and general manager of the company, holds 22.1% of the shares. This matter constitutes a related transaction and does not constitute a major asset restructuring.