
235121625374142444547112 Cricket Square, Hutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands B9-A 131 Suntera (Cayman) LimitedSuite 3204, Unit 2A, Block 3, Building DP.O. Box 1586Gardenia Court, Camana BayGrand Cayman, KY1-1100Cayman Islands 1617 580 www.sunking-tech.com 2030 IGBTIGBT1781.4105%90%67.680%8002.32.32024 800KV1000KV100%220SVG 1700V IGBTFRDSTIGBTHEEVSiCEVDIGBT1200V1700VSi IGBTSiCMOSFET2024SVGIGBT2024 1. 2. (a) 2035 8002.31.750% 22020% 14% (b) 5% IGBTSiC EDIGBTIGBTEVDIGBT72% EVDIGBTHEEVSiC 78% (c) IGBT IGBT20228% 3. KWxAstrolkwx80% 4. (a) IGBTSiC 1700V IGBTFRDSTIGBTHEEVSiCEVDIGBT 1200V1700VSi IGBTSiC MOSFET2024SVG 100%220 SVG (b) 800KV1000KV 917.814.9%1,054.7 656.49.6%719.2 261.428.3%335.5 28.5%31.8% 69.73.4%67.3 69.222.3%84.6IGBT 116.418.9%138.4IGBT 90.126.1%113.6IGBT 5.08.0%4.6 7.644.7%11.0 38.920.8%47.0 15.938.4%22.0 2.6%3.0% 24.031.3%31.5 25.43.5%26.3 163.141.0%229.9 112107 798.22.1%814.6 258255 250.820.2%301.5 118140 4.32.9 660.6429.0618.829.2%799.3 146.0162.1%382.7 7.6%19.9% 28.80.521.048.7 17.011.235.611.537.1 116.316.3252.916.7163.5 50New Excel Holdings LimitedAstrol Electronic AGSwissSEMTechnologies AG 53 54 1919 54 000503 65 6880121902601658 600637600325600816600340 58 000606 48 585858 20306919224619612458 CDC Corporation1900712000681Cheer Holding, Inc.Glory Star New Media Group HoldingsLimitedCHR 70 ABBABB 45 45 46 39 Michael Simon Geissmann46GeissmannGeissmannAstrol Electronic AGSwissSEM Technologies AG GeissmannABB Schweiz AG, SemiconductorsGeissmann Geissmann C1 (a) 42.9% 3.13 (b) 143 (c) (d) C.1.4622 (a) 3.10 3/33/33/3 (b) (c) (i)(ii)(iii)(iv)(v)(vi)(vii) 3.133.10(2) 1/11/11/1 (d) 3/31/33/33/33/3 15 (a)(b)(c) (d) C3 13.51(2)(a)(e)(g) 571XIVA13.09 374070 (a) 25% (b) 8343415113236:4 (a) B9-A21 (b) ir@sunking-tech.com (a) (b) (www.hkexnews.hk)(www.sunking-tech.com) 1 3511 27 39 4143 (a) (b) (i)(ii)(iii)(iv)(A)(B)(C)(D)(E)(F)(G)(H) (v) (A)(B)(C)(D)(vi)(vii)(viii) (c) 112 13 136,604,00010%5,670,0000.4% 1%211 (a)(b)(c) 30 (a) (b) (c) (d) (e) (f) 163,083,10010%163,083,10010.2% 1%211 (a)(b)(c) 163,083,100 44 390.0400.1390.0400.1 83(3)84(1) 3.13 89 XV352 1.383,458,34745,130,000338,328,347Max Vision Holdings LimitedMax Vision Holdings LimitedJiekun LimitedJiekun LimitedSapphire Skye Holdings LimitedSapphire Skye HoldingsLimitedZedra Trust Company (Singapore) LimitedZedra Trust Company (Singapore) Limited 2.19,360,00015,060,0004,300,0004,300,000 3.1,622,790,000 (b) 336 (a) 1.Max Vision Holdings LimitedJiekun LimitedJiekun LimitedSapphire SkyeHoldings LimitedSapphire Skye Holdings LimitedZedra Trust Company (Singapore)LimitedZedra Trust Company (Singapore) LimitedJiekun LimitedSapphire Skye Holdings LimitedZedra Trust Company (Singapore) LimitedMaxVision Holdings Limited338,328,347 383,458,347 2.3.1,622,790,000 (b) 336 MAX VISION HOLDINGS LIMITED Max Vision Holdings LimitedMax Vision Holdings Limited 1,622,790,000 9,952,00015,123,362 17,662,00020,461,299 14A.95 36(a) 4.54.920,00010,00099.99%0.01%14A 14A 834 39 25% 29 162,398112,000 53.9%33.7%31.8%25.3% 5% 1624 www.sunking-tech.com 1617 41111 : • ••• •• 97927 1. Cricket Square,Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands Astrol Electronic AG 2. 2.1 (a) (b) (c) 2. 2.2 1281212 (a)122 (b)8 (c)1212 (d)12 2. 2.3 102831611111771212 123 102810281028 1616 12 2. 2.3 77 21 2.4 20% 2. 2.4 2. 2.4 2. 2.4 (a) (i)(ii)(iii) (b) (i)(ii)(iii)(iv)(v)(vi)(a)(vii)(a)(i)(viii) 2. 2.4 2.3%4.5%20.0%9.0%19.4%9.0%64.7%19.4%24.3% 2. 2.4 (a) 5010 2. 2.4 (b) (c) 15 2. 2.4 32 2. 2.4 (a)(b) 1212 30 90 2. 2.4 11223 2. 2.4 9 9 2. 2.4 2. 2.4 •• •• 2. 2.4 15 5%10% 2. 2.4 30 2. 2.4 3. 5%10% 21 3. 229,919,000163,114,000 1,883,000583,000264,528,000158,423,00028 4. 95%95% 10% 5. * 6. 7. 8. 383(1)(a)(b)(c)(f)2 (a) 8. 9. 8 30 10. 25%25%15%15% 16.5%16.5% 10. 18%18%32%32%25.82% 10. 11. 12. 31,547,00023,986,0001,629,108,9421,635,080,505 7,290,0007,655,000 288,488,000200,542,00027 14. 339 16,956,000 12 32 14. 15. 4350210 (a) 27,495,00028,172,00027 15. (b) 16. Astrol18%18%Astrol3%3%Astrol Astrol AstrolAstrolAstrolAstrolAstrol18,729,000Astrol100%20,558,000100%1,829,000Astrol65%1,189,000 18. 19. 20. 21. 5%10% 21. 21. 21,028,00048,377,00024 7,043,00017,750,000 39,187,00059,467,000 75,00075,00070,00070,000 22. 11,268,00036 122,727,0002,802,000 660,617,000429,047,000 24. 30180 28,833,000536,0002321,028,00048,733,00021 1 3 , 7 6 9 , 0 0 026,950,00016,758,00013,769,000 26. 4,811,0007,443,000 2.5%4.1%1.7%4.6%5.5% 223,400,000159,300,00045,990,000100,000,000 28. 28. 10% 69,434,00079,336,000 29. 29. *316,000 (a)2,098,0001.10302,098,0000.102,308,0002,043,000645,000 779,5002,536,0001.171.10303,315,5000.103,702,0003,128