MASON(SZ:002654)2023-01-09 10:41Group 1: Company Overview - The controlling shareholder of Wanrun Technology changed to Changjiang Industrial Investment Group in November 2022, which focuses on strategic emerging industries and aims to become a top-tier industrial investment group by 2025 with total assets of 500 billion CNY and revenue of 50 billion CNY [3] - The company has set a development strategy for 2022-2025, focusing on the semiconductor electronics industry, particularly LED technology, and aims to establish a dual development model of "one main and one auxiliary" [3][4] Group 2: Business Strategy - Wanrun Technology plans to enhance its core business in semiconductor electronics through increased investment in LED and memory technologies, aiming for both organic growth and mergers and acquisitions [4] - The company is transitioning its LED lighting business towards smart city solutions and its advertising media business towards creative planning and technical operations [4][6] Group 3: Semiconductor Business Development - The company is focusing on memory semiconductor business, particularly in flash memory packaging and testing, targeting enterprise-level and industrial applications [5] - Wanrun Technology is investing in a memory project in Qingshan District, Wuhan, with plans for a factory covering at least 50 acres and a building area of approximately 68,000 square meters [5] Group 4: Talent and Technology - The company has recruited experienced professionals in the semiconductor field, including a chief technology officer with 20 years of experience, to enhance its technological capabilities [5] - Wanrun Technology aims to leverage local resources and the advantages of its controlling shareholder to build a competitive edge in the memory semiconductor market [5][6]