On September 24, *STRendong issued a statement revealing its intention to invest 100 million yuan in Shenzhen Jiangyuan Technology Co., Ltd. via a capital infusion. Upon completion of this capital increase, *STRendong is set to secure a 4.1427% equity stake in Jiangyuan Technology. Jiangyuan Technology is at the forefront of research and development efforts for domestic AI chips, and it has successfully reached the stage of mass production and delivery of cutting-edge chips utilizing domestic advanced manufacturing processes. This achievement was made possible through collaborative efforts with local vendors specializing in advanced process manufacturing.

*STRendong clarified that its investment is geared towards establishing a secondary growth trajectory by strategically investing in Jiangyuan Technology, with the post-investment equity share capped at no more than 5%. The company has no intention of intervening in the day-to-day operations of Jiangyuan Technology and will solely exercise its voting rights in accordance with its shareholding proportion.