岩山科技子公司Nullmax(Cayman)拟引入某国内头部车规级芯片公司参与C轮融资

Group 1 - Nullmax (Cayman), a subsidiary of the company, plans to initiate a Series C financing round with a maximum amount of $100 million, aiming to attract a leading domestic automotive-grade chip company as a strategic investor [1] - The strategic investor intends to invest $10 million in Nullmax (Cayman), which corresponds to a pre-investment valuation of $425 million, reflecting a 9.04% increase from the previous post-investment valuation of $275.75 million in the Series B round [1] - After the completion of this investment, the strategic investor will hold a 2.45% stake in Nullmax (Cayman), facilitating further strategic cooperation between the two entities [1] Group 2 - Due to the requirements of the investor and considerations for Nullmax (Cayman)'s future independent listing and business development, an agreement to terminate the voting rights delegation to Ruifeng BVI has been signed [2] - Following the termination of the voting rights delegation, Ruifeng BVI's voting rights in Nullmax (Cayman) will decrease from 50.20% to 27.62%, resulting in the loss of control over Nullmax (Cayman) [2] - The termination of the voting rights delegation will not impact the company's consolidated financial statements, and the company remains the largest single shareholder of Nullmax (Cayman) [2]