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!

Torch Electron has long been committed to building a comprehensive corporate health management system—one that helps employees detect potential health concerns early, control and prevent risks effectively, reduce medical costs, and improve work efficiency. This dedication remains a core part of our employee welfare mission. In early December, our annual all-staff health examination officially began. More than 2,500 Torch employees participated, either through the scheduled on-site checkups across our facilities or by visiting external medical institutions according to their personal needs. Through these efforts, we continue to uphold our philosophy of "taking responsibility for our health" and work together toward a healthier, stronger Torch community. Health is not just a physical condition—it is a lifestyle. In addition to regular health checkups, Torch Electron encourages all employees to maintain balanced nutrition, stay active, and ensure adequate sleep. By cultivating healthy habits, we aim to support long-term wellbeing and vitality for everyone at Torch.

Torch Electron recently concluded its autumn outing, bringing nearly 200 employees together across scenic mountains and valleys. This initiative aimed to nurture wellbeing and foster team collaboration, allowing colleagues to relax, recharge, and deepen connections in a natural setting. To honor dedication and excellence, special spots were reserved for outstanding performers, recognizing their contributions while inspiring the broader team with a culture of "excellence through action." As the outing wrapped up, Torch Electron employees returned to their work with renewed energy and stronger team synergy, ready to drive the company’s growth and innovation forward.

The Torch Electron Relay Friendship Run kicked off with great enthusiasm at Zihua Park, bringing together employees and invited runners from the Quanzhou Feiyue Team for a dynamic and inspiring sports exchange. As part of our ongoing commitment to promoting a healthy corporate culture and supporting nationwide fitness initiatives, the event created a vibrant stage for teamwork, perseverance, and athletic spirit. From the moment the starting signal sounded, energy surged across the course. Runners from Torch Electron and the Feiyue Team sprinted side by side, pushing their limits with every stride. Each handover of the relay baton symbolized trust, strength, and unity, while every lap reflected determination and speed. Along the sidelines, cheers and encouragement filled the air, turning the entire park into a lively arena of passion and solidarity.   The event concluded with an awards presentation by Mr. Xue Ruibin, Deputy General Manager of Operations, who recognized the outstanding performance of the winning team—marking a perfect finish to an evening filled with excitement, camaraderie, and joy.  This friendly relay exchange with the Feiyue Team not only showcased athletic skill but also deepened mutual friendship, building a meaningful bridge for external engagement through sports. Looking ahead, Torch Electron will continue to host diverse cultural and sports activities that strengthen team cohesion and enhance employee well-being. With stronger bodies and greater passion, we will keep moving forward—together toward an even brighter future.

On this special day of gratitude, we extend our heartfelt thanks for your continued trust and support.Your partnership motivates us to keep moving forward and creating value.Wishing you a warm and joyful Thanksgiving!  

On November 16, in the crisp embrace of autumn, Torch Electron successfully concluded its "Love in Zimou, Walk with Green" environmental charity event, powered by the enthusiastic participation of Torch volunteers. On the day of the event, company volunteers gathered in teams and set off as "eco guardians," hiking along the winding paths of Zimou Mountain. Equipped with cleaning tools, participants removed litter along the trail and focused on several pre-identified waste accumulation spots for targeted cleanup efforts. During the hour-long ascent, the mountain paths were refreshed, and each participant experienced the rewarding sense of personally contributing to the protection of our shared environment. Amid the lush greenery, the vibrant "Torch Red" of their shirts became one of the warmest sights on the autumn mountainside. After reaching the summit, volunteers enjoyed a relaxing tea break. Sitting together in the gentle breeze, they exchanged reflections on environmental protection and shared practical tips for sustainable living. In this easeful moment, seeds of environmental awareness took root, and a collective sense of responsibility quietly strengthened.   The Zimou Mountain Environmental Charity Walk vividly reflects Torch Electron's commitment to advancing ecological civilization. We believe in the power of technology for good and the warmth of human care. Looking ahead, Torch Electron will continue to deepen its green development philosophy—building strength with cutting-edge technology while safeguarding the clear waters and green mountains we all cherish.

The 13th “Torch Electron Cup Basketball” Tournament concluded with thrilling matches and unforgettable moments. Teams from the R&D, Manufacturing, and General Management Centers showcased remarkable teamwork and resilience, ultimately claiming the championship. Deputy Party Secretary Du Xuetang presented the trophies, marking a proud moment for all participants.   Beyond competition, the tournament strengthened cross-team collaboration and trust, bringing together employees from Torch Holdings, Millimeter Electronics, Leadasia Materials, and Xiamen Xfabsemi. Every pass, sprint, and jump reflected the company’s philosophy of “making exercise a habit” and the Torch Electron spirit of dedication, perseverance, and excellence.   This event not only provided a stage for employees to showcase talent and energy but also reinforced a culture of teamwork and determination—qualities that drive Torch Electron forward in innovation, collaboration, and high-quality development.

  [Shanghai, China – November 2025] – Torch Electron is pleased to announce its participation in the 106th China Electronics Fair (CEF), along with the Torch Electron User Symposium, taking place this November in Shanghai.   As a leading provider of electronic components and innovative capacitor technologies, Torch Electron will engage with global partners and customers to explore new opportunities, share insights, and present the latest advancements in electronic materials and design.     Event Details:   User Symposium: November 3–4, 2025 Venue: Torch Electron Group Building, No. 397 Ningguo Road, Yangpu District, Shanghai   Exhibition: November 5, 2025 (Morning) Venue: Shanghai New International Expo Center, Special Components Hall 4T261–4T265     Torch Electron looks forward to connecting with industry leaders and collaborators to drive innovation and build a smarter electronic future together.