Hong Kong Merchants Co., Ltd. (hereinafter referred to as "Hong Kong Merchants"), a wholly owned subsidiary of the company, recently met with Nexperia B.V., 300975.SZ announced on April 15. (hereinafter referred to as "Anshi Semiconductor") signed the relevant agreement of "Distributor Agreement", under which Anshi Semiconductor granted Hong Kong Merchants the right to sell all its products in China and Hong Kong. Hong Kong Merchants can sell all their products in China and Hong Kong.

The company has obtained the distribution authorization for the full range of Anshi semiconductor products in China and Hong Kong, which will further enrich the company's product line and improve the company's layout in the field of semiconductor chips. Anshi semiconductor products cover many downstream areas, such as automotive, industrial and power, mobile and wearable devices, consumption and computers, which will effectively expand the company's customer base and downstream areas, and further enhance the company's comprehensive competitiveness. It has a positive impact on the company's operation.

Especially in the field of automotive electronics, Anshi Semiconductor, as a leading global manufacturer of automotive power semiconductors, its products have been widely used in drive systems, power systems, electronic control systems, intelligent cockpit systems and other systems; in the era of gasoline cars, the average number of Anshi chips used in cars around the world has reached more than 300, the number of particles in the application of new energy vehicles is expected to increase several times, and the application output value is expected to increase several times.

At the same time, the company also continues to dig deep into the field of automotive electronics, and industry expansion has achieved great results. at present, the high-quality customers obtained include Ningde Times, BYD, Zero car, Wo Sai Technology, DJI, Zhuzhou CRRC Times Electric, Inbor, Jingwei Hengrun and so on.