Jiachi Technology (688708) announced on the evening of June 16 that the company plans to jointly invest with Chengdu Jiarong Zhihui Enterprise Management Center (Limited Partnership) (referred to as "Jiarong Zhihui") to establish Chengdu Electromagnetic Measurement and Control Technology Co., Ltd. (tentative name, referred to as "Electromagnetic Measurement and Control Subsidiary"). The registered capital of the Electromagnetic Measurement and Control Subsidiary is 10 million yuan, of which the company plans to subscribe for 8 million yuan with its own funds, accounting for 80% of its registered capital. The Electromagnetic Measurement and Control Subsidiary will focus on the EMMS (Electromagnetic Functional Materials and Structures) field, addressing the significant demand for testing technology and capabilities in the electromagnetic aspect for high-end military weaponry and civilian high-density integrated electronic information fields, and will mainly engage in the R&D of testing technology centered around "electromagnetic", overall integrated design of testing equipment and capable conditions, as well as testing services.

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Jiachi Technology: Plans to jointly invest in the establishment of an electromagnetic measurement and control subsidiary.
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