On September 9, 2025, Daheng Technology (600288.SH) revealed its strategic intention to establish a wholly-owned subsidiary, named Shanghai Xinhengxinrui Technology Co., Ltd., in Shanghai, utilizing 600 million yuan of its internal capital. The move is designed to bolster its business presence in the semiconductor and burgeoning technology industries. Presently, the core operations of Daheng Technology do not encompass the semiconductor field, and the company is devoid of the requisite talent pool, technological expertise, as well as established customer and supplier networks within this domain. Consequently, this expansion initiative is fraught with significant operational risks, and the attainment of the anticipated objectives remains shrouded in uncertainty.
