Group 1 - The company plans to invest 125 million yuan in Shenzhen New Sound Semiconductor Co., Ltd., acquiring a 3.8238% stake in the target company [1] - Filters are core components in the electronic information industry, closely related to strategic emerging industries such as 5G/6G communication, smart vehicles, and satellite internet [2] - New Sound Semiconductor specializes in the research, production, and sales of SAW and BAW filters, holding over 170 authorized patents in China and the United States, with a complete independent intellectual property [2] Group 2 - The investment aligns with the company's strategic focus on high-tech barriers and growth segments within the electronic information industry, particularly in smart vehicles and AIOT [3] - The company aims to establish a deep cooperative relationship with the target company to promote the application of new vehicle-mounted filters and modular solutions in the industry [3]

Group 1 - The company plans to invest 125 million yuan in Shenzhen New Sound Semiconductor Co., Ltd. to acquire a 3.8238% stake [1] - Filters are core components in the electronic information industry, closely related to strategic emerging industries such as 5G/6G communication, smart vehicles, and satellite internet [2] - New Sound Semiconductor specializes in the R&D, production, and sales of SAW and BAW filters, holding over 170 authorized patents in China and the U.S. [2] Group 2 - The investment aligns with the company's strategic focus on high-tech segments within the electronic information industry, particularly in smart vehicles and AIOT [3] - The company aims to establish a deep cooperative relationship with New Sound Semiconductor to promote the application of new vehicle-mounted filters and modular solutions [3]

Core Viewpoint - The company, Shiyun Circuit (603920), announced an investment of 125 million yuan in Shenzhen New Sound Semiconductor Co., Ltd. to acquire a 3.82% stake, aiming to enhance collaboration in the filter module solutions across various sectors [1]. Group 1 - The investment amount is 125 million yuan [1] - The company will acquire a 3.82% equity stake in New Sound Semiconductor [1] - New Sound Semiconductor specializes in the research, production, and sales of SAW (Surface Acoustic Wave) filters, BAW (Bulk Acoustic Wave) filters, and FEM (Front-End Module) solutions [1] Group 2 - The collaboration aims to integrate cross-domain technologies and enhance the supply chain synergy [1] - The focus will be on promoting the application of filter module solutions in communication and automotive electronics sectors [1]