
TC: The authorized technology obtained by the company is only used for the self-developed MCU chips and there is no other business cooperation with PingTouGe Company

TC issued a clarification announcement, emphasizing that there is no comprehensive technology licensing agreement with PingTouGe Company. The licensed technology obtained by the company is only used for the self-developed MCU chips, involving products in traditional power and security fields, such as electric meters and security products, and is unrelated to AI intelligent reasoning computing power chips. Apart from the aforementioned technology licensing, there are no other business collaborations between the two parties
According to the Zhitong Finance APP, TC (603421.SH) issued a clarification announcement stating that on September 18, 2025, the company's response on relevant platforms regarding investors' inquiries about "the comprehensive technology authorization agreement signed between PingTouGe and the company" was inaccurate.
The authorized technology obtained by the company is only used for the self-developed MCU chips, which are all traditional power and security field products, only involving the company's electric meters and security products, and have no relation to AI intelligent reasoning computing power chips. Apart from the aforementioned technology authorization, the company has no other business cooperation with PingTouGe

