Union Chem: Plans to invest 120 million yuan in Zhuoguangrui Technology to carry out research and development of domestic projection exposure machines and other work

Union Chem announced that the company plans to increase its capital in Zhuoguangrui Technology by 120 million yuan using its own and self-raised funds. After the capital increase, it will hold 19.3548% of Zhuoguangrui's equity. At the same time, the company has the right to continue to invest up to 120 million yuan through capital increase within six months after the capital increase funds are in place. The investment funds will mainly be used to support the target company in the research and development of domestic projection exposure machines and related component manufacturing. Precision optical products and semiconductor projection exposure machines are essential hardware infrastructures for the development of the digital economy and artificial intelligence industry, and are typical representatives of "new productive forces." This investment in Zhuoguangrui is a new focal point for the company's transformation and upgrading strategy, which is conducive to accelerating the layout of strategic business areas and building a new development model that shifts from "traditional manufacturing" to a "technology-driven" company