Site Visit

On the morning of July 8, Zhang Jing, Deputy General Manager and Director of Chanfa Capital Holdings Group, together with Shao Zechuan, Convener of Full-time External Directors, and their entourage paid an inspection and research visit to Jinan Lujing Semiconductor Co., Ltd. Xu Wenhui, General Manager of Lujing Semiconductor, and Xu Yue, Deputy General Manager, extended a warm reception. The two sides held in-depth exchanges covering the development of the power semiconductor industry, investment and financing for third-generation semiconductor (Silicon Carbide, SiC) projects, as well as industrial chain collaboration.

On-site Workshop Tour · Inspection of Cleanroom Production Lines

Accompanied by General Manager Xu Wenhui, the inspection team toured Class 10,000 clean workshops and the professional packaging and testing production line for third-generation SiC power devices. They observed the fully automated production workflow ranging from die bonding and wire bonding, plastic encapsulation and molding to high-temperature testing on site. The team also raised detailed inquiries regarding intelligent workshop upgrading, the operation of the IATF 16949 automotive-grade quality management system, and the localization substitution rate of core production equipment.

On-site Exhibition Hall Visit

The delegation then toured the corporate exhibition hall to learn in detail about Lujing Semiconductor's development journey since its founding in 2010, patent portfolio layout and market application coverage. General Manager Xu Wenhui gave a key presentation on the company's full product lineup including diodes, triodes, MOSFETs, and SiC power devices. He highlighted the domestic substitution breakthroughs of 650V–5000V high-voltage SiC Schottky diodes and MOSFETs in new energy vehicles, photovoltaic energy storage and industrial control sectors, which drew great attention from the visiting team.

In-depth Forum Discussion · Focus on Industrial Collaboration & Capital Empowerment

During the subsequent forum, General Manager Xu Wenhui reported to the Chanfa Capital team on the company's operating performance over recent years, industry-university-research cooperation (including the "Special Task Force" joint research project on 5kV high-voltage SiC devices carried out with Shandong University), and long-term strategic roadmap.

Deputy General Manager Zhang Jing remarked that the semiconductor industry is a strategic and pioneering sector. As a Shandong Provincial-level "Specialized, Refined, Unique & Innovative" enterprise, Lujing Semiconductor boasts strong competitiveness in the power device niche market. Leveraging the guiding role of state-owned capital, Chanfa Capital will explore potential cooperation models covering equity investment, industrial fund linkage and industrial chain resource introduction tailored to the enterprise's development stage. The Group aims to accelerate the industrialization of Lujing's third-generation semiconductor products and jointly facilitate the development of Jinan's integrated circuit industrial ecosystem.

Reaching Consensus · Win-Win Cooperation

The inspection concluded on a pragmatic and efficient note. Both parties agreed to establish a regular communication mechanism based on this exchange and expedite due diligence and investment decision-making procedures. Moving forward, the two sides will seize the strategic window of the semiconductor industry, jointly drive high-quality development of domestic power semiconductors and achieve mutually beneficial growth.