Group 1 - Shanghai Yizhi Electronic Technology Co., Ltd. (Yizhi Electronics) is planning a new round of financing, with He Sheng New Materials (002290) intending to participate by investing 250 million yuan, which will give He Sheng a 10% stake in Yizhi Electronics at a pre-investment valuation of 2.25 billion yuan [1] - Yizhi Electronics has launched two series of ARM server processor chips, including the TF16000 and TF7000 series, targeting applications in visual AI, edge computing, AI, cloud computing, IoT, and information services [1][2] - Yizhi Electronics is developing the third-generation TF9000 series hybrid computing chip, optimized for general cloud computing and AI intelligent computing, expected to offer high performance and cost-effectiveness [2] Group 2 - He Sheng New Materials views the investment in Yizhi Electronics as a further attempt in the AI field, building on previous collaborations, including a joint venture established in March 2024 focused on AI chip development [3] - The partnership between He Sheng New Materials and Yizhi Electronics is expected to enhance their business cooperation, with Yizhi's ARM CPU supporting He Sheng's AI applications and He Sheng facilitating Yizhi's product reach to downstream customers [3] - He Sheng New Materials plans to collaborate closely with domestic hardware suppliers to improve AI computing chip performance, focusing on enhancing computing speed and reducing energy consumption [4]