Quanzhou, China — March 2026 — Torch Electron recently marked International Women's Day with a series of activities celebrating the contributions of women in technology and reaffirming its commitment to an inclusive and supportive workplace.   Fostering Regional Innovation Through Female Leadership On March 4, Torch Electron welcomed a delegation from the Licheng District Women's Federation and the District Women Entrepreneurs Association for a visit and exchange program. The activity was part of the regional initiative "Her Wisdom, New Momentum — Building a Central Innovation Hub," aimed at promoting collaboration, inspiring innovation, and strengthening the role of women in regional economic development. Led by Hong Liling, Chair of Torch Electron's Women's Committee, the delegation toured the company's Production Building Exhibition Hall, the multi-shuttle automated warehouse at Zihua Park, and the Supercapacitor First-Piece Exhibition Center. Through the visit, guests gained a closer look at Torch Electron's progress in industrial development, technological innovation, and intelligent manufacturing. The exchange provided an opportunity to experience the vitality of technological innovation firsthand while further strengthening confidence in collaborative regional development.   Voices from the Frontline of Innovation Following the visit, Liu Mengying, a female R&D pioneer at Torch Electron, was invited to share her professional journey during a discussion session. Drawing on years of experience in research and technology development, she spoke about her involvement in technical breakthroughs, industrial innovation, and the transformation of research achievements into practical applications. Her story reflects Torch Electron's ongoing commitment to supporting female professionals in science and technology, encouraging them to contribute their expertise and creativity to the advancement of the industry.   Celebrating Our Team To mark the occasion, the company also prepared special gifts for all female employees, including customized greeting cards, cake vouchers, and handcrafted knitted floral decorations—small tokens of appreciation recognizing their dedication and contributions. At Torch Electron, the company's continued growth is closely tied to the dedication and professionalism of its female employees. Across departments and roles, they contribute with expertise, attention to detail, resilience, and a strong sense of responsibility, playing an essential role in the company’s development. As Torch Electron continues expanding its presence in the global electronic components industry, the company remains committed to fostering a workplace where talent can thrive and innovation is driven by diverse perspectives.   About Torch Electron Torch Electron is a manufacturer specializing in electronic components, supercapacitors, and advanced material solutions. With a strong focus on technological innovation and quality manufacturing, the company serves customers worldwide while continuously promoting sustainable development and an inclusive corporate culture.

Torch Electron has entered into a strategic partnership with Xinyuan Zhichu Energy Development (Beijing) Co., Ltd., a specialized energy storage platform under China Power, to jointly advance next-generation energy storage and capacitor solutions.   Xinyuan Zhichu ranks among the top five globally in energy storage system shipments and has developed a pioneering supramolecular fully immersed cooling technology designed to deliver enhanced safety and reliability across power generation, grid-side, and end-user applications. Its solutions are deployed in more than 90 cities worldwide.   Under the agreement, the two companies will leverage their complementary strengths to expand market access and accelerate technology integration:   Xinyuan Zhichu will support the broader deployment of Torch Electron’s high-performance supercapacitors in applications such as frequency regulation, fast power response, and renewable energy grid integration.   Torch Electron will promote Xinyuan Zhichu's immersion liquid-cooled energy storage systems within specialized and high-reliability sectors, where operational safety and performance standards are critical.   "This partnership represents a strategic alignment of technology and market capabilities," said Lian Zhanwei, Chairman of Xinyuan Zhichu. "Together, we aim to bring safer and more efficient energy solutions to a wider range of applications."   Cai Jinjun, Chairman of Torch Electron, added: "By combining advanced energy storage technology with our expertise in capacitor innovation and market channels, we are well positioned to deliver integrated solutions that enhance performance, safety, and reliability."   The collaboration marks a significant step toward developing integrated "Energy Storage + Capacitor" solutions, supporting the global transition to more resilient and efficient energy systems.

As the Lantern Festival marks the close of the Chinese New Year celebrations, Torch Electron extends its sincere wishes for joy, harmony, and prosperity.   May this season of light and reunion inspire renewed momentum and continued success in the year ahead.  

Torch Electron officially resumed operations on February 24–26, 2026, welcoming employees back to all facilities with vibrant reopening ceremonies. Following the Lunar New Year holiday, team members returned in phases—starting with customer-facing and production units on February 24, followed by company-wide return on February 26. Employees were greeted with traditional lucky red envelopes, festive gift bags, and sweet treats to kickstart the year with positive energy. Fully operational and recharged, Torch Electron is now accelerating into 2026 with full momentum.

Torch Electron will be closed for the Chinese New Year holiday from February 13 to February 25, 2026. We will resume normal operations on February 26, 2026.   During this period, response times may be delayed. We appreciate your understanding and wish you a prosperous and joyful New Year.   — Torch Electron  

Employee health is the cornerstone of sustainable development. As part of its ongoing commitment to employee well-being, Torch Electron continues to enhance its comprehensive health management system, creating a supportive and caring workplace for all employees. From annual health checkups to post-examination consultations, traditional Chinese medicine therapy experiences, and the regular operation of on-site health stations, the company has established a continuous and inclusive health care framework. This system focuses not only on early detection and prevention, but also on follow-up care and daily health management, providing long-term support for employees’ physical and mental well-being. In late January, the labor union organized a series of health report interpretation and traditional Chinese medicine therapy sessions across multiple factory sites. Medical professionals offered one-on-one consultations, helping employees better understand their health reports and providing personalized, practical health advice. Traditional therapies such as cupping and scraping were also available, effectively relieving work-related fatigue and promoting overall wellness. The activities were held at the newly launched Employee Health Station, which now serves as a permanent on-site health support hub. Doctors from the local community health service center are scheduled to provide regular consultations, with specialist visits arranged periodically to ensure continuous access to professional medical resources. Looking ahead, Torch Electron will continue to expand its health initiatives and enrich service offerings, further integrating the “Healthy Torch” concept into corporate development. Together with its employees, the company is committed to building a solid foundation of health and creating a stronger, more sustainable future.

On January 18, the 2026 Qingyuan Mountain Trail Race officially began at Qingyuan Mountain, bringing together nearly 3,000 runners from around the world. As an event partner, Torch Electron once again collaborated with Quanzhou Culture & Tourism to support this internationally recognized trail running event. More than 40 members of the Torch Running Club, led by Chairman Mr.Cai Jinjun, took part in the race, extending the company's long-standing commitment to promoting an active and healthy lifestyle from everyday training to challenging natural terrain. The event maintained ITRA-certified standards and featured multiple race categories to meet the diverse needs of trail running enthusiasts. Set against the historic landscape of Qingyuan Mountain, the race highlighted the integration of sports, cultural heritage, and public fitness. Torch Electron's continued participation reflects its commitment to supporting national fitness initiatives and encouraging individuals to pursue physical well-being and personal growth. The company looks forward to contributing to more sports and wellness activities in the future.

  Torch Electron and Millimeter Electronics New Year Concert and Choir 5th Anniversary Celebration Concludes Successfully On December 30, 2025, as cheers of "Happy New Year" echoed throughout the venue, the New Year concert "Light in Motion · Walking into the New Year," jointly hosted by Torch Electron and Millimeter Electronics, together with the 5th Anniversary Celebration of the Torch Electron Choir, came to a warm and joyful close.   This vibrant and energetic music festival offered Torch employees a chance to relax after a year of dedication and hard work. Through music, laughter, and shared moments, colleagues released their fatigue and reconnected with one another. Over three and a half hours, melodies, lights, smiles, and fireworks intertwined, forming unforgettable year-end memories that marked a fulfilling conclusion to 2025 and opened an inspiring chapter for 2026.   Voices of Warmth and a Legacy of Passion The evening began with a heartfelt performance of "Dear You" on the skybridge, sung by the Torch Electron Choir together with Guo Xinyue, the child of a Torch employee. Their sincere voices instantly set a warm and emotional tone for the night.   This warmth continued into a meaningful moment of continuity and growth. Mr. Zhang Zishan, Secretary of the Party Committee of Torch Electron, presented the conductor's baton to the choir’s newly appointed conductors, Yan Yiru and Lv Canrong. As the choir revisited its classic repertoire from the past five years, the enduring passion and shared love for music once again filled the space.   Everyone Shines on Stage Under the stage lights, employees, family members, and bands delivered passionate performances. Each song reflected the spirit and energy of the Torch community. Interactive games energized the audience, while New Year red envelopes and lucky draws brought waves of excitement. As artificial snow and bubbles filled the air, joy spread across the entire venue.   Warmth Beyond the Stage Away from the spotlight, a lively market area added a strong sense of warmth and everyday life. Eight themed booths showcased handcrafted items, local specialties, and a variety of snacks, each prepared with care and creativity. Traditional games such as shuttlecock kicking, ring tossing, ball balancing, and jump rope naturally brought colleagues closer through teamwork and laughter. In the cafeteria, steaming oden and the aroma of grilled sausages created a cozy atmosphere where conversations flowed and friendships quietly deepened.   Singing Together and Moving Forward Together When the song "Me and My Motherland" resonated across the venue, hundreds of voices joined in unison. In that powerful moment, a shared sense of pride and unity filled the space, reflecting the collective strength of walking forward together.   The beautiful memories of 2025 have now been carefully treasured, and the story of 2026 is ready to be written. The strength gathered through song, the warmth shared among fireworks, and the understanding built through companionship will continue to inspire and support Torch Electron on the journey ahead. As the new year begins and the road ahead opens wide, may everyone continue to shine, today and in the years to come.

Recently, Fujian Torch Electron Technology Co., Ltd. (hereinafter referred to as "Torch Electron"), through its subsidiary Shanghai Torch Electron Technology Group Co., Ltd., officially completed a strategic investment agreement with futurX – Vector Emergence (Shanghai) Artificial Intelligence Technology Co., Ltd. (hereinafter referred to as "futurX").   This investment reflects Torch Electron's in-depth insight into the long-term evolution of the artificial intelligence industry and its forward-looking judgment on emerging technology trends. By proactively engaging in the AI sector, Torch Electron aims to seize strategic opportunities brought by continuous technological advancement, further optimize its asset structure, enhance capital efficiency, and inject new momentum into the company's long-term, high-quality development.   futurX is a technology-driven enterprise focused on cutting-edge artificial intelligence innovation. The company is dedicated to the concept of "digitalizing human expert cognition", transforming experts' thinking logic, judgment frameworks, and decision-making experience into scalable AI digital assets. futurX is building expert-level cognitive systems for both enterprises and individuals, positioning itself at a critical stage where artificial intelligence is evolving from content generation toward cognitive augmentation. By exploring the digitalization of human thinking, futurX is unlocking new possibilities in professional services, knowledge inheritance, and intelligent decision-making. Its innovative approach demonstrates strong technological vitality and promising growth potential in the next generation of AI applications.   As artificial intelligence continues to integrate deeply into economic and social development, it has become a key driver of industrial upgrading and the cultivation of new productive forces. Alongside ongoing technological breakthroughs, new business models and investment opportunities are rapidly emerging across the AI ecosystem.   Looking ahead, Torch Electron will continue to strengthen its core competitiveness in electronic components and advanced electronic technologies, while closely aligning with national strategic priorities and global innovation frontiers. Through prudent investment in forward-looking technology sectors such as artificial intelligence, the company seeks to enhance capital allocation efficiency, improve overall profitability, and promote more sustainable, high-quality growth. Torch Electron remains committed to combining its solid foundation in electronic components—such as capacitors, resistors, integrated circuits, logic devices, and thin film circuits—with emerging AI technologies, fostering cross-disciplinary innovation and long-term value creation.

As we welcome the arrival of 2026, Torch Electron extends our sincere New Year wishes to all our partners, clients, and friends around the world.   May the new year bring joy, good health, and continued success. Thank you for your trust and support over the past year. We look forward to moving ahead together and creating new value in the year to come.   Torch Electron wishes everyone a happy and joyful New Year.    

Torch Electron has completed a strategic equity acquisition of Sichuan Zhongxing Electronics Co., Ltd. ("Zhongxing Electronics") through its affiliated entities, marking another key step in the company's long-term strategy to strengthen its high-end electronic components portfolio and expand into high-growth civilian markets.   Founded in 1997 and headquartered in Chengdu, Zhongxing Electronics is a national high-tech enterprise with nearly 30 years of experience in the research, development, and manufacturing of film capacitors. The company offers a comprehensive product portfolio, including EMI suppression capacitors, power electronic capacitors, and metallized polypropylene and polyester film capacitors, serving applications in new energy, industrial control, energy storage, and automotive electronics.   Zhongxing Electronics is recognized for its strong product reliability and manufacturing consistency, supported by a comprehensive quality management system. In recent years, the company has strengthened vertical integration through in-house metallized film production, further enhancing supply stability and quality control. The acquisition is expected to create strong synergies by combining Zhongxing Electronics' specialized film capacitor expertise with Torch Electron's strengths in materials science, reliability engineering, advanced manufacturing, and global customer support. Together, the companies aim to accelerate innovation in power-grade and automotive-grade film capacitor products while improving responsiveness to customer needs.   Following the transaction, Zhongxing Electronics will continue to operate independently while integrating into Torch Electron's industrial ecosystem. Looking ahead, Torch Electron will continue to pursue innovation-driven growth and disciplined strategic expansion, reinforcing its role in the global electronic components industry.

As the holiday season arrives, Torch Electron extends our warmest wishes to you and your loved ones.   May this festive time bring joy, peace, and new opportunities in the year ahead!