Jinko Electronics (02551) collaborates with the Industry Guidance Fund of Guangzhou, as well as the city and district-level state-owned investment platforms, and the high-quality development fund of listed companies, to strengthen the strategic layout of the "third-generation semiconductor" industry cluster.

Guangdong APT Electronics Co., Ltd. (hereinafter referred to as "Jingke Electronics", stock code: 02551) disclosed today that the company participated in the establishment of the Guangzhou Tianze Crystal Silicon Entrepreneurship Investment Fund Partnership Enterprise (Limited Partnership) as an industrial investment party. This fund participation is an active strategic choice for Jingke Electronics to move from "internal development" to "outward layout", aiming to further consolidate and improve the "third-generation semiconductor" industry cluster, provide core support for business expansion in key application scenarios such as new energy vehicles, new display, photovoltaics, energy storage, and AI data centers, enrich product structure, collaborate on customer development, and promote the formation of an ecological agglomeration effect in the upstream and downstream industrial chains. According to the announcement, the fund will focus on the semiconductor and integrated circuit industry in one of the 15 strategic industry clusters in the modern industrial system construction plan "12218" in Guangzhou, and prioritize support for government strategic industries, including investments in Guangdong Xinju Energy Semiconductor Co., Ltd. According to public information, Guangdong Xinju Energy Semiconductor Co., Ltd. (and Guangdong Xin Yue Energy Semiconductor Co., Ltd.) is controlled by Xiao Guowei, the controlling shareholder of Jingke Electronics. It focuses on the research and development, production, and sales of third-generation semiconductor silicon carbide power chips, devices, modules, etc. It is reportedly a leading domestic silicon carbide IDM company that can achieve domestic substitution, and is an innovative "unicorn" enterprise in Guangzhou and a key construction project of the "strong core project" in Guangdong Province. According to the disclosure, the fund's subscribed scale is 668 million yuan. Jingke Electronics, as an industrial investor, has subscribed 268 million yuan, accounting for 40.12%. In addition to Jingke Electronics, the fund also includes Guangzhou Industrial Guidance Fund, city-level and district-level state-owned investment platforms, and high-quality development funds of listed companies, forming a synergistic mechanism of "government guidance, market-oriented operation, and industrial traction". This mechanism will provide medium to long-term capital support for the implementation of key projects in strategic industries in Guangzhou and enhance the industrial chain capabilities, helping Jingke Electronics to achieve continuous enhancement of industrial chain value and shareholder return capabilities.