TRInno Technology (Chinese name: Aitewei) is a research and development specialized enterprise established in August 2008 to pursue innovative development and commercialization of power semiconductors. It is located in Wenjingdong, Seoul and has Process R&D facilities in the Seoul Science Park. We mainly produce SIC, JBS, and SiC mosfets, mainly used in the field of electric vehicles.

The main employees of TRInno Technology are composed of experts who have accumulated experience in the research and development, manufacturing, marketing, and system technology fields of power semiconductors in well-known domestic and foreign enterprises. They have the ability to design products through process, component, and system level simulation, produce using the latest semiconductor production facilities at home and abroad, and develop a comprehensive and systematic reliability verification program through a production quality system. Based on these experiences and systems, TRInno Technology has the ability to provide stable and optimized products and solutions to meet the needs of customers. It quickly and effectively develops various power semiconductor products required for low power consumption and high efficiency energy-saving household appliances, industrial machinery, environmentally friendly vehicles, etc., with the goal of meeting customer needs and growing together.

IGBT

-TRInno Technology provides high-performance IGBT products based on advanced FS IGBT technology. These products enable us to provide cost-effective, reliable, and efficient solutions for various power conversion applications. The RC-IGBT technology has been validated through its own backend infrastructure.

-Induction heating, welding machines, UPS, inverters, etc.

IGBT wafer

-The junction MOSFET provides an efficient and reliable power solution for AC/DC conversion. 40V to 100V medium voltage trench MOSFETs comply with automotive standards.

-Adapters, LED lighting, SMPS, PFC, etc.

Diode

-TRInno Technology provides fast recovery diode products through its lifespan control process and thin wafer processing technology. These products enable us to provide cost-effective, reliable, and powerful solutions.

-Rectifier, freewheeling diode, PFC, etc

MOSFET

-TRInno Technology offers various planar MOSFET products from 200V to 900V.

On August 17th, Mingjiahui (SZ300506) announced that shareholders of Aitewei (Zhangjiagang) Semiconductor Technology Co., Ltd. have waived their right of first refusal.

The announcement shows that Mingjiahui plans to issue shares and pay cash to purchase 57.4941% equity of Aitewei (Zhangjiagang) Semiconductor Technology Co., Ltd. (hereinafter referred to as "Aitewei") held by Zhangjiagang Yuejin Industrial Investment Fund Partnership Enterprise (Limited Partnership).

The company has signed a shareholder agreement with another shareholder, Trinno Technology Co., Ltd., who holds 42.5059% equity in Aitewei, on how the two parties will operate and manage Aitewei in the future.

On August 17, 2023, Mingjiahui received a confirmation letter signed by TRInno Technology Co., Ltd., a Korean shareholder of Aitewei, on August 11, making clear arrangements for the equity acquisition.

According to the arrangement, TRInno Technology Co., Ltd. has agreed to transfer its 57.4941% equity of Aitewei held by Zhangjiagang Yuejin Industrial Investment Fund Partnership Enterprise (Limited Partnership) to Shenzhen Mingjiahui Technology Co., Ltd.

TRInno Technology Co., Ltd. agrees to the above transfer plan and waives the right of first refusal for the transfer of equity in Aitewei. Agree to jointly formulate the company's articles of association and establish a corporate governance structure with Shenzhen Mingjiahui Technology Co., Ltd., a new shareholder of Aite Micro, in accordance with relevant Chinese laws and regulations and the shareholder agreement signed between our company and Shenzhen Mingjiahui Technology Co., Ltd., after the completion of the equity transfer transaction.

In this transaction, the valuation of Aitewei is 1.509 billion yuan, corresponding to a valuation of 57.4941% of 868 million yuan. 60% of the consideration for this transaction is 521 million yuan, paid through the issuance of shares by the listed company; 40% of the consideration is 347 million yuan, paid in cash.