In 2018, Shengyi Semiconductor Technology (Wuxi) Co., Ltd. was registered and established (referred to as Shengyi Technology). On October 29, it settled in Wuxi High tech Industrial Development Zone and held a unveiling ceremony. Shareholders and relevant core team leaders attended the ceremony and witnessed the unveiling. 

 At the ceremony, the company leaders clarified the development direction and future development plan of Shengyi Technology, and established a long-term friendly and mutual cooperation relationship with the park. The representative of the park expressed a warm welcome to Shengyi Technology's entry, which will gather strength for the development of the semiconductor industry in the new area. The new district has always attached great importance to and fully supported the development of Shengyi Technology in the park. The two sides have continuously deepened strategic cooperation and signed a new round of strategic cooperation agreements, such as the One Case, One Discussion Agreement. Shengyi Technology has received government support. 

 With the rapid development of technology, facing the pressure of foreign semiconductor technology barriers, it is particularly important to further enhance the independent technology of semiconductor core research and development. This time, Shengmei Semiconductor Technology and its shareholders have invested to establish Shengyi Technology, which provides assistance in ensuring the subsidiary equipment of the domestic integrated circuit manufacturing industry, helps accelerate the construction of semiconductor subsidiary equipment suppliers, and enhances the development of small and medium-sized semiconductor technology enterprises. 

 In the future, Shengyi Technology aims to achieve safe, stable, and innovative development, relying on the rich management experience of company leaders and its own research and development team and other technological advantages, focusing on equipment manufacturing, technical services, and core field technological innovation, achieving and breaking through the established goals within the original plan.