A delegation led by Zhu Huajian, Party Secretary and Chairman of Shandong Luxin Investment Holdings Group Co., Ltd. (“Luxin Group”), visited YASC for research and exchange on December 26, 2025, and relevant executives including Zhao Zikun, Deputy General Manager of Luxin Group, and Wang Xudong, Party Secretary and Chairman of Luxin Venture Capital Group Co., Ltd. (“Luxin Venture Capital”), participated in this research. As one of the portfolio companies of Luxin Venture Capital, YASC has kept its focus on the research, development and manufacturing of silicon carbide (SiC) power semiconductor products. In the research, the Luxin delegation deeply learned about and exchanged views on the development of YASC in the third-generation semiconductor industry.

In a meeting at the YASC Wuhan Base, Chen Zhongguo, President of YASC, extended a warm welcome to all the leaders for their visit and guidance, and briefed them on the company’s development history, business presence and main products in detail. YASC has continuously improved its wafer fabrication, module development and chip iteration capabilities with significant R&D investments and technological innovations since the first wafer fabricated at Wuhan Base rolled off the production line in May 2025, which has laid a robust foundation for rapid business growth in the future.

After they conducted a field visit of YASC’s showroom and wafer fab floor corridor, and saw the SiC production line and relevant equipment, the delegation led by Zhu Huajian, Party Secretary and Chairman of Luxin Group, fully affirmed YASC’s innovation achievements and strategic arrangements. Luxin will support YASC as always to thrive and raise its independent innovation capacity, and help the company with sustainable, healthy development, the delegation said.

YASC, one of the top companies earliest specializing in SiC semiconductor research, development and manufacturing for industrialization in China, will live up to the trust, remains committed to innovation-driven development, and push for self-sufficiency in key core technologies in the SiC sector at a faster pace. In the meantime, it will actively work with industry peers to build an innovation ecosystem across the whole industrial chain of third-generation semiconductors, and make positive contribution to the rapid development of the third-generation semiconductor industry in the country.