On December 5, PJ Semiconductor Corp made a public announcement regarding its intention to engage in a collaborative investment in Xinfeng Precision alongside its related entity, Fengquan Venture Capital. Specifically, PJ Semiconductor Corp aims to purchase registered capital amounting to 9.9838 million yuan, currently held by Xinfeng Precision's original shareholders, at a cost not exceeding 270 million yuan. This acquisition will represent 16.4154% of Xinfeng Precision's registered capital post-financing. In a parallel move, Fengquan Venture Capital plans to acquire 1.1093 million yuan worth of registered capital for 30 million yuan, constituting 1.8239% of the equity stake. Given that this transaction involves a joint investment with a related party, it qualifies as a related-party transaction. However, it does not meet the criteria for a significant asset restructuring as outlined in the 'Administrative Measures for the Major Asset Restructuring of Listed Companies.' The proposed transaction has received endorsement from the 21st meeting of the second session of the company's board of directors, with related directors Lv Guangquan and Liu Jing abstaining from the voting process. Nevertheless, final approval for this matter is still pending from the company's shareholders' meeting.