East Sunshine invests in semiconductor firm Zonghui Core Light

Guangdong HEC Technology Holding (SSE:600673) announced a CNY 90 million investment in Changzhou Zonghui Core Light Semiconductor Technology, a company focused on VCSEL chip technology. The investment will grant East Sunshine a 2.575% stake in Zonghui Core Light. Concurrently, related party Ningbo Yongcheng East Sunshine plans to invest CNY 60 million for a 1.717% stake. East Sunshine stated the investment aims to strengthen its position in the data center liquid cooling technology field by integrating liquid cooling with chip technologies. The investment is subject to customary closing conditions.