According to Tuojing Technology's announcement, Shanghai Yanquan Technology Co., Ltd., a wholly-owned subsidiary of the company, plans to invest no more than 500 million yuan in its own capital to invest no more than 500 million yuan in the Changzhi Hanhai Private Equity Fund partnership. After the investment is completed, it will hold about 9.70% of the fund's share. The fund mainly invests in equity investments in integrated circuit-related industries. This transaction involves a joint investment with the related party Zhongwei Semiconductor Co., Ltd., which constitutes a related transaction, does not constitute a major asset restructuring, and still needs to be submitted to the company's shareholders' meeting for review.

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