Jingneng X Zhengtai | Jointly Establishing a Joint Venture to Create a New Chapter of Green Energy “Core”

On December 18, Zhejiang Jingneng Microelectronics Co., Ltd. (“Jingneng”, the power semiconductor platform under Geely) and Shanghai Zhengtai Investment Co., Ltd. (“SZI”, the industrial investment platform under Chint) held a signing ceremony for the establishment of a joint venture at Geely Technology Tower.The two parties will carry out in-depth cooperation in the R&D of semiconductor technologies in power electronics, sensing, communication, intelligent control and other fields, and develop a series of semiconductor products and solutions for sustainable energy, high-efficiency industry and other scenarios.

As a global leader in smart electric mobility and energy services technology, Geely covers a wide range of business sectors including automotive and its industrial chain, low-altitude economy, methanol-hydrogen ecosystem, etc. It owns multiple brands such as Geely, ZEEKR, Lynk & Co, Volvo, Proton, and HORIZON Voyage.Jingneng focuses on developing high-reliability power semiconductor products, which are widely used in automotive, new energy, robotics and other applications.

As a leading enterprise in low-voltage electrical appliances and photovoltaic new energy, Chint has deep roots in the green energy and smart electrical industries for many years, forming a full-industry-chain integrated advantage and ranking among the top players in energy storage, power transmission and distribution, automation, and other fields.In recent years, Chint has vigorously cultivated strategic emerging industries through equity cooperation, mergers and acquisitions, and internal incubation to build new growth drivers. In the semiconductor sector, Chint has strategically laid out key segments including chip design, modules, and equipment.

This signing signifies that the two parties will establish a closer cooperative relationship featuring resource sharing, complementary strengths and coordinated development.Leveraging their profound accumulation in industrial layout, product technology and application scenarios, Jingneng and Chint will provide strong “chip-powered” support for the full-scenario application of green energy and the digital transformation of the industry through innovation and breakthroughs in underlying technologies.