Poly International (300135.SZ) has issued a public announcement revealing its strategic initiatives. To optimize its asset utilization, the company, along with its wholly-owned subsidiary, has decided to lease out unused properties situated on Huancheng North Road in Jiangyin City and Taihu West Avenue in Wuxi City.

In a parallel move, capitalizing on its bullish stance on the semiconductor testing equipment industry and its supply chain dynamics, Poly International plans to allocate its internal funds or raise capital to acquire a stake ranging from 1% to 3% in Nanjing Hongtai Semiconductor Technology Co., Ltd. This investment will be capped at no more than 5% of the company's most recently audited net assets.

Hongtai Technology stands out as a high-tech enterprise that focuses on the research, development, production, and marketing of semiconductor testing equipment. Poly International anticipates that this investment will not significantly impact its financial standing or operational efficiency in a negative way. Furthermore, the investment does not necessitate approval from the shareholders' meeting for review.