Zhitong Finance App News, ST Jinshi (002951.SZ)) announced that the company is planning to purchase a controlling interest in Qingdao Zhancheng Technology Co., Ltd. (“Qingdao Zhancheng”) by paying cash. After the transaction is completed, Qingdao Zhancheng will become the company's holding subsidiary.

According to the announcement, Qingdao Zhancheng's main business is integrated circuit back-end design services. After the transaction is completed, the company's main business is further diversified. The company can use this transaction opportunity to expand the company's industrial layout in the field of integrated circuit design services, effectively create new performance growth points, and enhance the company's sustainable profitability and comprehensive competitiveness.