[Member Activity] Jian Investment Capital's portfolio company, Yichong Technology, was acquired by publicly listed company Jingfeng Mingyuan and has completed the issuance registration

(Source: Hefei Investment Fund Association)

Recently, the listed company on the Sci-Tech Innovation Board, Jingfeng Mingyuan (stock code: 688368), announced the “Results of the Share Issuance and Cash Payment for Asset Acquisition and the Announcement of Capital Change.” The newly issued shares for asset acquisition have completed the registration process with China Securities Depository and Clearing Corporation Limited. This marks the successful completion of the merger and reorganization between the investment project Yichong Technology, held by our association’s vice president unit Jianzheng Capital, and the listed company Jingfeng Mingyuan. The equity held by Jianzheng Capital in Yichong Technology has been converted into shares of the listed company Jingfeng Mingyuan.

Yichong Technology is a leading company in the global wireless charging chip sector, with main products including wireless charging chips, universal charging chips, automotive power management chips, AC/DC chips, and protocol chips, among other high-performance analog chips and mixed-signal chips. In the wireless charging chip submarket, Yichong Technology ranks among the top three globally and holds the first position domestically. As a founding member and super member of the Wireless Power Consortium (WPC), its products are widely used by mainstream consumer electronics brands such as Samsung, Honor, Xiaomi, OPPO, and vivo, and have successfully entered the supply chains of well-known automotive companies like SAIC Group, BYD, Geely, Seres, and Changan.

The successful acquisition of the listed company by Yichong Technology has accumulated practical experience for Jianzheng Capital in diversifying capital operations and further enhanced the operational efficiency and value-added capability of state-owned capital. In the future, Jianzheng Capital will continue to explore and empower high-quality enterprises that align with national strategies, fully leveraging the leading role of state-owned capital to support the cultivation of new productive forces and enable high-quality economic development.

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