Tsinghua Unigroup's subsidiary, Tsinghua Unisplendour, plans to jointly invest with Ningde Times subsidiary and others to establish Tsinghua Unicore Technology.

Zhicheng Finance and Economics APP News, SG Micro (002049.SZ) announced that its wholly-owned subsidiary, SG Microelectronics Co., Ltd. (hereinafter referred to as "SG Micro"), plans to independently operate the automotive domain controller chip business, enhance its market competitiveness, optimize the company's capital structure and improve its performance. SG Micro intends to jointly invest with five related parties including Beijing Zhicheng Gaoyuan Electronic Technology Co., Ltd. (hereinafter referred to as "Zhicheng Gaoyuan") and an unrelated party, Ningde Times New Energy Technology Co., Ltd.'s wholly-owned subsidiary Ningbo Meishan Bonded Port Zone Wending Investment Co., Ltd. (hereinafter referred to as "Wending Investment") to establish SG Microelectronics Technology (Beijing) Co., Ltd. (tentative name, subject to final approval by the industrial and commercial registration, hereinafter referred to as "SG Micro Technology").