Core Viewpoint - Wuhan Fangu (002194.SZ) has decided to terminate its investment in Wuhan Guangju Microelectronics Co., Ltd. due to changes in the operating environment and increased uncertainty in the medium to long-term development [1] Group 1: Company Actions - The company will hold the 13th (temporary) meeting of the 8th Board of Directors on September 25, 2025, to review the proposal for terminating the investment and related transactions [1] - The company has agreed to sign a termination agreement regarding the B+ round investment agreement and the B+ round shareholder agreement with Wuhan Guangju and its stakeholders [1] Group 2: Market Conditions - Wuhan Guangju has indicated that its operating environment has changed due to recent fluctuations in overseas policies and intensified domestic industry competition, leading to increased uncertainty [1] - The company will engage in negotiations with relevant parties who wish to voluntarily exit the B+ round financing agreement, adhering to the principle of good faith consultation [1]

Core Viewpoint - The company has decided to terminate its plan to establish a joint venture due to the uncertain profitability in the photovoltaic industry caused by the continuous decline in the price of the industry chain [1] Group 1: Investment Decision - The company planned to invest a total of 500 million RMB to establish a joint venture with Panjin Shengteng Industrial Development Co., Ltd., with respective shareholdings of 45% and 55% [1] - The decision to terminate the investment was made after assessing the future profitability, which is highly uncertain due to market conditions [1] Group 2: Financial Impact - The termination of the investment will not have a significant impact on the company's production operations or financial status [1]

Core Viewpoint - Tianyuan Co., Ltd. announced the termination of its investment plan in Cambodia due to failure to reach agreement on specific matters with its partner, Hongkong Vesta Holdings Co., Limited, despite an initial investment plan of 16 million USD [1] Group 1 - Tianyuan's wholly-owned subsidiary, Tianyuan (Hong Kong) International Development Co., Ltd., planned to establish a joint venture in Cambodia with an investment total of 16 million USD [1] - The decision to terminate the investment was influenced by changes in market conditions and customer situations [1] - Both parties have reached an agreement to terminate the investment, pending company approval for signing the relevant termination agreement [1] Group 2 - The termination of this investment will not have a significant adverse impact on the production, operation activities, or financial status of the listed company and its subsidiaries [1]