Shannon Semi(SZ:300475) Shang Hai Zheng Quan Bao·2025-08-12 19:47Investment Overview - On August 12, 2025, the company signed a joint venture agreement with Wuxi Lingjing Cloud Information Technology Co., Ltd. to establish Wuxi New Weizhi Technology Co., Ltd. with a registered capital of RMB 120 million, where the company will contribute RMB 30 million, accounting for 25% of the total capital [2][6][7] - The joint venture aims to respond to national policy directives, integrating various technologies, scenarios, and capital resources to create low-cost, green digital infrastructure to support industrial intelligence upgrades and digital economic development [2][11] Joint Venture Details - The joint venture will be structured as a limited liability company, with Wuxi Lingjing Cloud contributing RMB 90 million (75% ownership) and the company contributing RMB 30 million (25% ownership) [6][7] - The governance structure includes a board of directors with five members, where Wuxi Lingjing Cloud will appoint three members, the company will appoint one, and the fifth member will be a mutually agreed third party [8] Company’s Strategic Goals - The company aims to become an organizer and enabler in the semiconductor industry chain, leveraging its experience in high-end storage to enhance its competitive edge [11][12] - The establishment of the joint venture is expected to facilitate deeper collaboration within the industry chain, broaden sales channels, and enhance the company's overall competitiveness [12] Financial Impact - The investment will be made using the company's own funds and will not affect the company's consolidated financial statements or normal business operations [14] - The company has not engaged in any other external investments in the past twelve months, indicating a focused strategy on this joint venture [15]