北京利尔: 关于与关联方共同投资暨关联交易的公告

Core Viewpoint - Beijing Lier High Temperature Materials Co., Ltd. plans to invest in Shanghai Zhenliang Intelligent Technology Co., Ltd. through a capital increase, with a total investment of RMB 20 million, aiming to hold 11.43% of the shares post-investment [2][3][11] Summary by Sections 1. Overview of Related Transactions - The company will jointly sign an investment agreement with PowerTensors Technology Limited and others to invest in Shanghai Zhenliang, with the company contributing RMB 20 million for a capital increase of RMB 6,919.0069 million [2][3] - The chairman, Zhao Wei, will invest RMB 5 million, resulting in ownership stakes of 11.43% for the company and 2.86% for Zhao Wei in Shanghai Zhenliang [2][3] 2. Related Party Information - Zhao Wei, the chairman, is a key figure in the transaction and has recused himself from voting due to his position [3][11] - The transaction does not require shareholder approval or constitute a major asset restructuring as per regulations [3][11] 3. Financial and Operational Background of Shanghai Zhenliang - Shanghai Zhenliang was established in May 2020, focusing on AI chip development and has produced two generations of AI chips, with plans for large-scale delivery in 2025 [5][11] - The company has a registered capital of RMB 50,366.3003 million and is involved in various AI-related services and products [5] 4. Investment Rationale and Market Context - The investment aligns with the company's strategy to explore emerging industries, particularly in AI, which is expected to see increased demand for chips due to growing applications [10][11] - The investment is based on a pre-investment valuation of RMB 1.5 billion, reflecting a fair market assessment considering the competitive landscape and Shanghai Zhenliang's technological capabilities [8][10] 5. Impact on the Company - The investment is expected to support the company's long-term growth in the high-temperature materials sector while diversifying into the AI industry [10][11] - The funding will come from the company's own resources and is not anticipated to significantly impact its normal operations [10][11]