Core Viewpoint - The company, Chuangyao (Suzhou) Communication Technology Co., Ltd., plans to invest RMB 8 million in Chengdu Xuanji Xingyuan Information Technology Co., Ltd. to acquire a 2% stake through capital increase, which constitutes a related party transaction but does not qualify as a major asset restructuring [2][3][9]. Group 1: Investment Overview - The company intends to use its own funds of RMB 8 million to increase capital in Xuanji Xingyuan, resulting in an additional registered capital of RMB 367,350 [2][6]. - After the capital increase, the company will hold a 2% equity stake in Xuanji Xingyuan [2][7]. Group 2: Transaction Details - The transaction has been approved by the company's board of directors and does not require shareholder approval [4][20]. - The investment does not constitute a major asset restructuring as defined by relevant regulations [3][9]. Group 3: Related Party Transaction - The investment involves a related party, as Suzhou Kaifeng Chuangxin Venture Capital Partnership (Limited Partnership) holds a 7.3333% stake in Xuanji Xingyuan and is considered a related party due to its connection with the company [9][16]. - The total amount of related party transactions in the past 12 months has not reached 1% of the company's latest audited total assets or market value [3][9]. Group 4: Financial Impact - The investment is expected to align with the company's strategic needs and enhance its market competitiveness without adversely affecting its financial status [16][23]. - The funding for this investment will come from the company's own resources, ensuring that normal operations and cash flow remain unaffected [11][16]. Group 5: Approval Process - The independent directors held a special meeting to review and approve the investment proposal, with a unanimous vote in favor [18]. - The board meeting also approved the proposal with a majority vote, ensuring compliance with necessary legal procedures [19][23].

Group 1 - The company, Chuangyao Technology (688259.SH), plans to invest RMB 8 million to acquire a 2% stake in Xuanji Xingyuan through a capital increase, which corresponds to an additional registered capital of RMB 36,735 for the target company [1] - Xuanji Xingyuan is a provider of wireless connectivity solutions based on proprietary semiconductor IP, focusing on low-power IoT and satellite navigation sectors [1] - The company offers platform-based, one-stop custom RF/analog chip services and IP licensing to its clients [1]

Group 1 - The company Chuangyao Technology (688259) announced on December 19 that it plans to invest 8 million yuan to acquire a 2% stake in Chengdu Xuanji Xingyuan Information Technology Co., Ltd. (referred to as "Xuanji Xingyuan") through capital increase, which corresponds to an increase in registered capital of 367,350 yuan for the target company [1] - Xuanji Xingyuan is a provider of wireless connection solutions based on proprietary semiconductor IP, focusing on low-power Internet of Things (IoT) and satellite navigation fields [1] - The company offers platform-based, one-stop custom RF/analog chip services and IP licensing services to its clients [1]