Shangfeng Cement: Invest 50 million yuan in a semiconductor photomask enterprise, Xinrui Photomask.

Shangfeng Cement announced that the company, as the main investor, invested in a third project - Guangzhou Xinrui Guangyin Technology Co., Ltd. through its holding subsidiary Taizhou Shangfeng, with an investment amount of 50 million yuan. Xinrui Guangyin is a high-tech enterprise focusing on the research, development, production, and sales of semiconductor photomasks, mainly serving the fields of semiconductor integrated circuits, flat panel displays, and MEMS. This investment is in line with the company's focus on new economy equity investment in the semiconductor, new energy, and new materials sectors, and will not have any adverse impact on the company's financial and operational status.