SUN.KING TECH (00580) announced on September 9, 2026, that Jiashan SunKing, SunKing Semiconductor, Wuhan Langde, and other joint venture partners have entered into an investment cooperation agreement. Under the terms, the partners will establish a joint venture with a registered capital of RMB 20 million, with Jiashan SunKing, SunKing Semiconductor, and Wuhan Langde — all subsidiaries of the company — contributing a combined RMB 5 million, representing a 25% equity stake in the new entity.

The joint venture will focus on the research, development, production, and sale of high-performance TPU AI chips and industry-specific inference products, including customized AI acceleration cards, edge inference industrial computers, high-performance AI workstations, and integrated industry large-model devices. By forming the joint venture to collectively invest in the high-performance TPU AI chip business, the company aims to leverage complementary management expertise and professional knowledge among the partners in the chip sector.

This strategic move is expected to support the group's business expansion and upgrade in the AI field, broaden its industrial footprint, and strengthen its overall competitive position.

Where to begin

For investors eyeing the AI chip opportunity, this joint venture marks a focused entry point for SUN.KING TECH in a high-growth segment.

The rationale behind a 25% stake

The initial 25% ownership structure allows the company to participate in the AI chip value chain while sharing development costs and risks with other partners.

Broader implications for the group's strategy

Beyond the immediate product line, the venture aligns with SUN.KING TECH's long-term plan to diversify beyond its traditional power electronics base and capture emerging demand in artificial intelligence infrastructure.