Jiang Feng Electronics announced that Ningbo Jiangfeng Boxin, a wholly-owned subsidiary of the company, plans to jointly invest and establish the Ningbo Yongguang Peer Project Management Partnership with related parties, with a total investment of 600 million yuan, of which Ningbo Jiangfeng Boxin plans to invest 417 million yuan, accounting for 69.50%. The partnership will invest in a key link in the semiconductor industry chain that has synergy effects with the main business.

Jiang Feng Electronics announced that Ningbo Jiangfeng Boxin, a wholly-owned subsidiary of the company, plans to jointly invest and establish the Ningbo Yongguang Peer Project Management Partnership with related parties, with a total investment of 600 million yuan, of which Ningbo Jiangfeng Boxin plans to invest 417 million yuan, accounting for 69.50%. The partnership will invest in a key link in the semiconductor industry chain that has synergy effects with the main business.