On January 27, 2026, Yingxin Development (000620.SZ) made an announcement stating its intention to acquire a 60% equity interest in Guangdong Changxing Semiconductor Technology Co., Ltd. through a cash payment of 520 million yuan. Once the deal is finalized, Changxing Semiconductor will transform into a controlled subsidiary under Yingxin Development's umbrella and will be incorporated into the latter's consolidated financial statements.

For years, Changxing Semiconductor has been deeply entrenched in the NAND Flash chip packaging and testing sector, boasting well-established production capabilities, cutting-edge process technologies, and a network of upstream and downstream resources. This strategic acquisition is anticipated to bolster Yingxin Development's revenue streams and profitability within the memory chip segment. The move aims to allow the listed company and all its shareholders to partake in the value generated by the memory chip industry's swift expansion and to elevate investment returns.