Jingfeng Mingyuan acquires Sichuan Yichong to deepen its layout of power management chips

On October 22, Jingfeng Mingyuan announced that it would acquire the controlling stake of Sichuan Yi Chong through a private placement. Both companies focus on the research and development and production of power management chips. The acquisition will help enrich Jingfeng Mingyuan's mobile phone and automotive product lines, while creating complementary advantages in terms of customers and supply chain.