Dalian Demaishi Precision Technology Co.LtdAcquiring 25% stake in Shanghai Shuming for 207 million yuan to expand into semiconductors.

Demaisi plans to acquire a 25% stake in Shanghai Shuming Semiconductor Co., Ltd. from a related party for 207 million yuan in cash, becoming the second-largest shareholder after the transaction. Shanghai Shuming is engaged in high-performance analog chips, with core products being driver chips. In 2025, its revenue was 164 million yuan, with a net loss of 5.9824 million yuan, while in the first quarter of this year it achieved a net profit of 9.1097 million yuan. Demaisi stated that the move aims to introduce Shanghai Shuming's products into its existing customer system and leverage its industry resources to expand vehicle manufacturer customers. The company recently completed a change of control, with the new actual controller Pan Yi having a semiconductor industry background, having co-founded Inovance Technology and Waniou Investment.
Dalian Demaishi Precision Technology Co.LtdAcquiring 25% stake in Shanghai Shuming for 207 million yuan to expand into semiconductors.
Shenzhen Inovance TechBeing acquired by Demaisi, becoming second-largest shareholder.