ST Rende: Intends to invest 100 million yuan in Jiangyuan Technology. Jiangyuan Technology is mainly engaged in the research and development of domestically produced AI chips.

ST Rendong announced that the company plans to invest in Shenzhen Jiangyuan Technology Co., Ltd. by increasing its registered capital, with an investment amount of 100 million RMB. After this capital increase, the company's equity ownership in Jiangyuan Technology will be 4.1427%. Jiangyuan Technology is mainly engaged in the research and development of national AI chips, collaborating with local advanced technology manufacturers to successfully produce and deliver domestically developed advanced technology chips. The company stated that this investment is for setting up the second growth line, and they are strategically investing in Jiangyuan Technology with a post-investment ownership of no more than 5%, not participating in company operations, but participating in voting based on the ownership percentage.