Core Viewpoint - The company, Fenghua Advanced Technology (000636), has established a joint venture with Changchun Institute of Optics, Fine Mechanics and Physics to enhance its capabilities in passive component production equipment procurement [1] Group 1 - The company holds a 16.4534% stake in the newly formed Changchun Guanghua Microelectronics Equipment Engineering Center Co., Ltd [1] - The primary business interaction with Changchun Guanghua involves the procurement of passive component production equipment [1] - Currently, there are no direct business dealings between the company and Xinkailai [1]

Core Viewpoint - The company has established a joint venture with Changchun Institute of Optics, Fine Mechanics and Physics, focusing on the procurement of passive component production equipment [1] Group 1 - The company holds a 16.4534% stake in the newly formed Changchun Guanghua Microelectronics Equipment Engineering Center Co., Ltd. [1] - The primary business interaction with Changchun Guanghua involves the procurement of equipment for passive component production [1] - Currently, there are no direct business dealings between the company and Xinkailai [1]