Group 1 - The company, Pairui Co., Ltd. (300831.SZ), has signed a strategic cooperation agreement with Xi'an Power Electronics Research Institute (referred to as "Xi'an Institute") [1] - The collaboration aims to jointly develop and manufacture power devices represented by medium and high voltage IGBTs [1] - Xi'an Institute will be responsible for independent research and design, as well as chip production, while Pairui will handle device packaging and testing [1]

Core Viewpoint - Company has signed a strategic cooperation agreement with Xi'an Power Electronics Research Institute to jointly develop and manufacture power semiconductor devices, particularly medium and high voltage IGBTs [1][3] Group 1: Strategic Cooperation - The strategic cooperation agreement aims to leverage the strengths of both parties in the research and manufacturing of power semiconductor devices [1] - Xi'an Power Electronics Research Institute holds a 39.55% stake in the company, making it a controlling shareholder [1] - The agreement is a framework agreement and does not involve specific monetary amounts, thus not constituting a substantive related party transaction [1] Group 2: Company Overview - Company specializes in the research, production, testing, verification, sales, and service of power semiconductor devices and power electronic equipment [1] - Core products include high-power semiconductor devices, high-power power conversion devices, and testing and non-standard equipment [2] - High-voltage high-power semiconductor devices are widely used in industrial applications, especially in ultra-high voltage and extra-high voltage direct current transmission projects [1] Group 3: Financial Performance - In the first half of 2025, the company achieved operating revenue of 84.52 million yuan and a net profit of 30.13 million yuan, with a basic earnings per share of 0.09 yuan [2] - The company has established strong technical and market advantages in the high-power power semiconductor device sector, positioning itself as a leading player in the industry [2] Group 4: Future Outlook - The company plans to enhance its research and development efforts to innovate and upgrade its products in response to increasing market demands for technological advancements [2] - The cooperation with Xi'an Power Electronics Research Institute will focus on the independent research and design of IGBT chips, as well as the expansion of production scale and automation [3] - The agreement is not expected to affect the company's business independence or current operating performance significantly [3]

格隆汇9月2日丨派瑞股份(300831.SZ)公布，2025年9月1日，公司与西安电力电子技术研究所有限公司 (简称"西电所")签订《战略合作协议》，双方拟联合开展以中高压IGBT为代表的功率器件研发制造。本 协议属于双方合作意愿和基本原则的框架性、意向性的初步约定，最终能否实施尚存在不确定性，敬请 广大投资者注意投资风险。 ...

Core Viewpoint - The company, Pirelli Co., has signed a strategic cooperation agreement with Xi'an Power Electronics Research Institute to jointly develop medium and high voltage IGBT power devices, indicating a commitment to innovation in power electronics [1] Group 1 - The agreement was signed on September 1, 2025, and represents a preliminary framework for cooperation between the two parties [1] - The collaboration focuses on research and manufacturing of power devices, specifically medium and high voltage IGBT [1] - The implementation of the agreement remains uncertain, highlighting the need for investors to be aware of potential investment risks [1]

Core Viewpoint - The company, Pirey Co., has signed a strategic cooperation agreement with Xi'an Power Electronics Research Institute to jointly develop and manufacture power devices represented by medium and high voltage IGBTs. The agreement does not involve specific transaction amounts and is not expected to have a significant impact on the company's operating performance for the current year [1]. Group 1 - The strategic cooperation agreement aims to enhance research and development capabilities in power devices [1]. - The focus of the collaboration is on medium and high voltage IGBTs, which are critical components in various electronic applications [1]. - The agreement is not expected to materially affect the company's financial results for the current fiscal year [1].