Investment Progress and Related Transactions - Suzhou Jingfang Semiconductor Technology Co., Ltd. has established itself as a leader in advanced packaging technology services in the sensor field, focusing on wafer-level TSV packaging technology [2][3] - The company has initiated an international development strategy since 2022 to adapt to the restructuring of the global semiconductor industry, including establishing overseas headquarters and production bases [3][4] - The company has set up WaferTek Solutions Sdn. Bhd. in Malaysia to expand its overseas business and production capabilities, with plans to establish WaferWise Semiconductor Sdn. Bhd. to provide packaging technology and processing services [4][5] Related Transactions - The establishment of WaferWise involves a total investment of 150 million Malaysian Ringgit, with a shareholding structure that includes 50% held by local investors, 19.9% by Jingfang Technology, and 22.1% by the company's chairman [5][6] - The chairman, Wang Wei, has extensive experience in the semiconductor industry and is a key figure in the company's strategic decisions [6][7] Impact of Foreign Investment - The investment aims to enhance the company's manufacturing and technical service capabilities, aligning with overseas market demands and effectively addressing challenges posed by international trade dynamics [8]

Group 1 - The company held its 9th meeting of the 2nd board of directors, with all 5 directors present, and the meeting was deemed legally valid [1] - The board approved the revision of the company's articles of association and governance-related systems in accordance with relevant laws and regulations [1][3] - The board's resolutions received unanimous support with 5 votes in favor, and no votes against or abstentions [2] Group 2 - The company plans to use up to RMB 200 million of idle raised funds for cash management, with a rolling usage period of 12 months from the board's approval date [4][5] - The board also approved the permanent replenishment of working capital using RMB 49 million of excess raised funds, pending approval at the upcoming shareholder meeting [4][5] - The company aims to enhance the efficiency of idle self-owned funds by using up to RMB 200 million for purchasing safe and liquid financial products [5] Group 3 - The company will hold its first extraordinary general meeting of 2025 on August 18, 2025, at 14:30 in the company meeting room [5]