Suqian Liansheng: plans to establish a joint venture with an investment of 10 million yuan, facing multiple risks.

Suqian Liangsheng announced that the company plans to jointly invest 10 million yuan with Zhu Ronghui and Huizhi Optoelectronics to establish Jiangsu Gallium Indium Semiconductor Co., Ltd., engaged in the research, development, and production of indium phosphide substrates. The company will contribute 7 million yuan, holding 70% of the shares. The matter has been approved by the board of directors and still needs to be passed by the shareholders' meeting. This investment is a strategic extension and will not affect performance in the short term. However, the collaboration faces risks such as the financial situation of the partners, intellectual property rights, technological capabilities, and market competition. Project construction may also be delayed, or even fail as a whole.