Core Viewpoint - On September 1, the company 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 [2] Group 1: Strategic Cooperation - The agreement outlines that Xi'an Power Electronics Research Institute will focus on the independent research and design of IGBT device chips, as well as their production and testing [2] - The company will research packaging technology for high voltage IGBT devices based on its existing packaging lines, aiming to expand production scale and automation levels [2] - The agreement is a preliminary intention for strategic cooperation and does not involve specific financial amounts [2] Group 2: Company Background - Xi'an Power Electronics Research Institute was established in 1995 with a registered capital of 12.02 million yuan, primarily engaged in technology services, development, consulting, exchange, transfer, promotion, machinery equipment leasing, non-residential real estate leasing, and import-export of goods [2] - Xi'an Power Electronics Research Institute holds a 39.55% stake in the company, making it the controlling shareholder [2]

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 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].