Jeffer: intends to pledge 20% equity of the shareholding company to apply for a loan of 133 million yuan for mergers and acquisitions.

Jehova announced that the company plans to pledge 20% of its directly held stake in its subsidiary company Xingang Coast as collateral to apply for a merger and acquisition loan of no more than 133 million yuan from a bank. The loan will be used to pay for the equity acquisition price, etc. Xingang Coast is a high-speed mixed-signal IC design company with a revenue of 49.8385 million yuan and a net loss of 43.343 million yuan in the first three quarters of 2025. As of the disclosure date of the announcement, the total amount of external guarantees provided by the company and its controlling subsidiaries is 1.1 billion yuan, with no overdue or litigation-related guarantees. The company stated that the pledge and loan will not bring significant financial risks.