Jingfeng Mingyuan: Plans to issue shares and pay cash to acquire 100% equity of Yichong Technology and raise supporting funds

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Jingfeng Mingyuan announced that the company plans to purchase a 100% equity stake in Yichong Technology from 50 transaction counterparties, including Weijun Si, through the issuance of shares and cash payments. Yichong Technology mainly engages in the research, development, design, and sales of high-performance analog chips and mixed-signal chips such as wireless charging chips, general charging chips, automotive power management chips, AC/DC chips, and protocol chips. In recent years, Yichong Technology’s revenue scale has grown rapidly, with year-over-year increases of 45.02% in 2023 and 47.04% in 2024. At the same time, the company will also raise supporting funds, with the fundraising target not exceeding 35 specific investors who meet the regulations of the China Securities Regulatory Commission.

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