Thinkon Semiconductor Jinzhou Corp. (688233.SH) plans to participate in the investment to establish Jiangcheng Guotai Haitong Shen Gong (Wuhan) Venture Capital Fund.

Thinkon Semiconductor Jinzhou Corp. (688233.SH) announced that the company intends to establish a strategic partnership with Guotai Junan Innovation Investment Limited (hereinafter referred to as "Guotai Junan Innovation Investment"), Jiangcheng Industrial Investment Fund (Wuhan) Co., Ltd. (hereinafter referred to as "Jiangcheng Fund"), and Hubei Nation Zhen Industry Investment Management Co., Ltd. (hereinafter referred to as "Nation Zhen Investment"), to jointly establish the "Jiangcheng Guotai Haitong Shengong (Wuhan) Entrepreneurship Investment Fund Partnership Enterprise (Limited Partnership)" (tentative name, subject to approval by the Market Supervision Administration, hereinafter referred to as "Industry Fund" or "Partnership Enterprise"). Guotai Junan Innovation Investment will serve as the managing partner and fund manager, with a total scale of not less than 200 million yuan. Among them, Thinkon Semiconductor Jinzhou Corp. intends to subscribe as a limited partner, with an expected subscription amount of 60 million yuan. The subscription amount is planned to be paid in installments, with an expected subscription ratio of 30%. The main investment direction of this joint investment with professional institutions to establish the Industry Fund is in key equipment, components, materials, and other areas required for wafer manufacturing, aligning with the company's industry and strategic planning. This partnership will enable the company to leverage the resource advantages and investment management experience of professional institutions, explore high-quality projects that are synergistic with the company's business direction, accelerate industrial resource integration, promote the company's industrial ecosystem layout and business development, and enhance the company's sustainable development capabilities.