Jingfeng Mingyuan (688368.SH) plans to subscribe for Yuexin Semiconductor's strategic IPO shares for no more than 50 million yuan

Zhitong Finance App News, Jingfeng Mingyuan (688368.SH) issued an announcement. The company invested its own capital to participate in the strategic initial public offering of shares of Yuexin Semiconductor Technology Co., Ltd., with a subscription amount of no more than 50 million yuan.

According to the “Notice of Initial Public Offering of Shares of Yuexin Semiconductor Co., Ltd.” disclosed by the target company on September 23, 2026, Yuexin Semiconductor's current issuance price was 12.01 yuan/share. The number of shares allotted by the company was 4.163,200 shares, with an allotment amount of 49.999.96 million yuan. The number of shares allocated this time accounted for 0.81% of the total share capital of Yuexin Semiconductor after the initial public offering (before the overallocation option was exercised).

Yuexin Semiconductor is an integrated circuit manufacturer dedicated to providing 12-inch wafer foundry services and special process solutions for domestic and foreign chip design companies. It uses specialty process foundry as its core business model, serving chip design companies and end customers. Its main customers cover many first-class semiconductor industry design companies at home and abroad, and has process R&D and manufacturing capabilities for integrated circuits, power devices, etc., and its product application fields cover consumer electronics, industrial control, automotive electronics and artificial intelligence.