On August 7, the evening announcement of Shangfeng Cement showed that Taizhou Shangfeng, a subsidiary of the company, invested 50 million yuan to Guangzhou Xinrui Photomask Technology Co., Ltd. through Suzhou Xincun Integrated Circuit Industry Investment Partnership (Limited Partnership). This is another new layout in the field of semiconductor materials under the two-wheel drive strategy of "main industry + equity investment" of Shangfeng Cement. At present, Shangfeng has invested in more than 20 target enterprises in new economic fields such as semiconductors, and has steadily accumulated rich comprehensive resources and investment experience in the industrial chain of related fields. The continuous expansion of the company's investment in the field of science and technology innovation has played an important role in promoting the cultivation of the second growth curve and new quality business in the strategic planning. Founded in February 2021,
Guangzhou Xinrui Photomask Technology Co., Ltd. is a high-tech enterprise focusing on the research, development, production and sales of semiconductor photomasks, mainly serving semiconductor integrated circuits and other fields. Mask is the key material in the lithography process of semiconductor manufacturing. With the rapid development of semiconductor in China, photomask is in great demand as a key upstream material. With the advantages of technology accumulation and localized services, Xinrui Photomask has helped the independent development of China's semiconductor materials and equipment industry chain to reduce its dependence on imported photomasks. The business of new sharp photomask is fully in line with the scope of semiconductor materials focused by Shangfeng New Economy Investment. In recent years
, Shangfeng has focused on the continuous investment of science and technology enterprises in the fields of semiconductor, new energy and new materials, with a cumulative investment of more than 1.8 billion yuan, especially in the field of semiconductor industry chain, covering almost all important links such as upstream materials, design, wafer manufacturing, advanced sealing and testing, the third generation semiconductor and chip supply chain. Among them, Hefei Jinghe Integration has been listed on the Science and Technology Innovation Board in 2023, Shanghai Super Silicon and Onrui Micro have been accepted to apply for listing on the Science and Technology Innovation Board, Shenghe Jingwei, Changxin Science and Technology, Guangzhou Yuexin, Xinyaohui, etc. Have successively received guidance on listing, and Pioneer Electrical Science has been announced by Quzhou Development (600208) to be injected into the listed company in the form of mergers and acquisitions. Series of semiconductor equity investment highlights the efficient action of Shangfeng to implement its strategic planning, and also becomes an important support for its success in resisting the fluctuation of a single industry cycle and accelerating the cultivation of new quality growth business.