Zheng Quan Shi Bao·2025-10-10 06:32Core Viewpoint - The company, Shangfeng Cement, announced an investment of 50 million yuan in Jiangsu Xinhua Semiconductor Technology Co., Ltd. through its wholly-owned subsidiary, Shangrong Logistics, indicating a strategic focus on the semiconductor and new materials sectors [1][7]. Group 1: Investment Details - Shangfeng Cement will invest 50 million yuan in Xinhua Semiconductor, which is recognized as the largest domestic producer of electronic-grade polysilicon for the semiconductor industry [1][5]. - The investment is part of a collaboration with Hefei Guocai No. 3 Enterprise Management Partnership, which has a registered capital of 1.4761 billion yuan [7]. - Shangrong Logistics will hold a 3.3873% stake in Xinhua Semiconductor as a limited partner [7]. Group 2: Company Background - Xinhua Semiconductor was established in 2015 by GCL Group and the National Integrated Circuit Industry Investment Fund, and is located in the Xuzhou Economic and Technological Development Zone [5]. - The company has achieved a production capacity utilization rate of 100% in 2023, generating an output value of 1.2 billion yuan [6]. - Xinhua Semiconductor has undergone multiple rounds of financing, including a 1 billion yuan Series B round completed in June 2023 [5][6]. Group 3: Strategic Implications - The investment aligns with Shangfeng Cement's strategic planning and focus on expanding its new economy equity investment sector, which is expected to optimize its industrial structure and support business transformation [7]. - The company has a history of investing in various sectors, including recent investments in Guangzhou New Sharp Photomask Technology and Anhui Yinen Automotive [8].