Gansu Shangfeng Cement (000672.SZ) joint venture company Shenghe Jingwei Micro Science and Technology Innovation Board IPO application has been accepted.

Gansu Shangfeng Cement (000672.SZ) announced that the company, through its wholly-owned subsidiary Ningbo Shangrong Logistics Co., Ltd. (referred to as "Ningbo Shangrong"), jointly established a private equity investment fund with a professional institution called Suzhou Puyun Entrepreneurship Investment Partnership Enterprise (Limited Partnership) (referred to as "Suzhou Puyun"), to invest in Shenghejingwei Semiconductor Co., Ltd. (referred to as "Shenghejingwei"), which is applying for its initial public offering of stock and listing on the Sci-Tech Innovation Board on October 30, 2025, and was accepted by the Shanghai Stock Exchange. The announcement stated that Shenghejingwei is a leading global integrated circuit wafer-level advanced packaging and testing company, starting with advanced 12-inch mid-stage silicon wafer processing, and further providing comprehensive advanced packaging and testing services such as wafer-level packaging (WLP) and core multi-chip integration packaging. It is committed to supporting various high-performance chips, especially graphic processors (GPU), central processors (CPU), artificial intelligence chips, etc., by surpassing Moore's Law through heterogeneous integration, achieving comprehensive performance improvement in high calculation power, high bandwidth, low power consumption, etc.