On July 17, Jiuzhou One-Rail (688485.SH) made an announcement stating its plan to subscribe to the newly increased registered capital of Jiangsu General Semiconductor, amounting to RMB 9.83 million. This subscription will be made using RMB 69.9896 million of Jiuzhou One-Rail's own funds or self-raised capital. Following the capital increase, Jiuzhou One-Rail is projected to hold approximately 6.4709% of Jiangsu General Semiconductor's equity. The target company specializes in the research, development, and manufacturing of high-end equipment and materials for the semiconductor industry. Leveraging laser stealth dicing technology, it stands as a leading enterprise in domestic substitution. This investment by Jiuzhou One-Rail is strategically aimed at fostering technological advancements in voiceprint digital monitoring systems, refining its positioning within the industrial artificial intelligence sector, and capitalizing on growth prospects within the semiconductor industry.
