Ningbo Sunrise Elc Technology Co Ltd Class A

Ningbo Xingrui Electronic Technology Co., Ltd. recently signed a Strategic Cooperation Framework Agreement with Zhenqu Technology (Shanghai) Co., Ltd. The two parties will carry out deep collaborative cooperation in the fields of new energy vehicle electronic control, robotics, and solid-state transformers. The cooperation includes equity cooperation, with Xingrui Technology planning to participate in Zhenqu Technology's future IPO subscription, core electric drive business support, joint research and development of robot joint modules, joint development of solid-state transformers, and overseas market collaboration including production capacity layout in Europe. Zhenqu Technology is a domestically leading electronic control solution supplier, providing silicon carbide and IGBT power modules, motor controllers, and other products for new energy vehicles, and has already laid out emerging scenarios such as core components for humanoid robots and AI data center power supplies. This agreement is a framework agreement that does not involve specific transaction amounts, does not constitute a related-party transaction or major asset restructuring, and does not require review by the board of directors or shareholders' meeting. The company stated that this cooperation aligns with its strategic development plan, is conducive to enhancing its precision component technology research and production capabilities, will not have a significant impact on this year's operating performance, and that specific implementation remains subject to uncertainty.