Core Viewpoint - The company is expanding its presence in the power semiconductor sector through the acquisition of its subsidiary, Jilaiwei, which focuses on integrated design and manufacturing of semiconductor chips and devices [1] Group 1: Company Overview - Jilaiwei is a vertically integrated (IDM) enterprise specializing in power semiconductor chips and devices, encompassing chip design, wafer manufacturing, and packaging testing [1] - The products of Jilaiwei are applied in various fields including consumer electronics, industrial control, communication security, automotive electronics, and military applications [1] Group 2: Strategic Developments - The company completed a significant asset purchase of Jilaiwei in September 2025, marking its entry into the research, production, and sales of power semiconductor chips and devices [1] - This acquisition optimizes and extends the company's industrial chain layout, accelerating its positioning and breakthroughs in the high value-added, high-tech integrated circuit core sector [1] Group 3: Financial Integration - Jilaiwei's revenue will be included in the company's consolidated financial statements starting from the fourth quarter of 2025, with full-year revenue integration commencing in 2026 [1]

Core Viewpoint - The company is actively involved in the semiconductor and integrated circuit sectors through its subsidiaries, focusing on innovation and market opportunities in various applications [1] Group 1: Company Overview - The company has a subsidiary, Jilai Micro, which specializes in power semiconductor chips and devices, operating as a vertically integrated (IDM) enterprise that encompasses chip design, wafer manufacturing, and packaging testing [1] - Another subsidiary, Nanjing Tianyue, is dedicated to the research and industrialization of hearing aid chips with completely independent intellectual property rights, developing core technologies in hearing aid algorithms and chip design [1] - The investee company, Shenzhou Longxin, focuses on the design, manufacturing, and sales of integrated circuits (self-owned intellectual property processors), emphasizing independent innovation and possessing extensive core technology and product experience [1] Group 2: Market Applications - Jilai Micro's products are applied across multiple fields, including consumer electronics, industrial control, communication security, automotive electronics, and military applications [1] - Nanjing Tianyue's hearing aid chips are positioned to leverage independent core technologies in the hearing aid market [1] - Shenzhou Longxin's solutions are utilized in industrial control (such as PLC and data acquisition devices) and power energy (like power terminal equipment), with plans to expand into communication control, servo control, and specialized data acquisition fields [1] Group 3: Strategic Focus - The company and its subsidiaries aim to leverage their technological advantages to deepen their market presence and seize opportunities in relevant sectors [1]