Jingfeng Mingyuan (688368.SH) plans to obtain control of Kaixinli through capital increase

Zhitong Finance App News, Jingfeng Mingyuan (688368.SH) announced that the company plans to increase the capital of the company's shareholding company Shanghai Kaixinli Microelectronics Co., Ltd. (hereinafter referred to as “Kaixinli”, “investment target” or “target company”) with its own capital of RMB 20 million. After the capital increase is completed, the company will directly and indirectly hold 23.5603% of the shares in the target company. Additionally, through its wholly-owned subsidiary Hainan Jingxinhai Venture Capital Co., Ltd. (hereinafter referred to as “Hainan Jingxinhai”) will hold 26.6415% of the shares in the target company. 50.2018% of the company's shares control over the target company.

Since its establishment, Kaixinli has focused on the research and development of high-performance analog and digital-analog hybrid chips. It has been deeply involved in the field of high-end battery management chips for many years, has mastered core processes and design technology, and has deep technical reserves and full-scenario product development experience. Currently, existing products provide a rich battery management chip product matrix for multi-segment racetracks, covering solutions such as protection, front-end acquisition, and intelligent management SoC. In the field of cleaning appliances and power tools, it has entered many domestic and foreign terminals and achieved mass production; in the field of consumer electronics, cost-effective digital front-end chips that meet the new national standards for mobile power supplies have been launched; in the field of electric mobility, it provides a rich battery management chip product matrix to meet different voltage platforms, different performance and cost requirements, and has been successfully introduced to many domestic customers. Kaixinli Microelectronics battery management chips can be deeply collaborated with the company's self-developed MCU modules to provide customers with integrated system solutions.