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2026-05-29
Company News
Niching and MCY Successfully Complete Signing Ceremony for Equity Investment Agreement
Niching Industrial Corporation held a signing ceremony on May 29 for its equity investment agreement with MING CHUN YUAN MICRO PRECISE TECHNOLOGY CO., LTD (MCY). The agreement was signed by the Chairman of Niching, the Chairman of MCY, and a representative of the relevant shareholders, with senior executives from both companies in attendance to witness the successful completion of the ceremony.
Upon completion of this equity investment, Niching’s shareholding in MCY will increase from approximately 6% to 82%, and MCY will become a subsidiary of Niching Group under Niching’s management control. Since 2018, MCY has been an important manufacturing partner for Niching’s heat spreader products. Over the years, the two companies have worked closely together to expand the thermal solutions market, building a strong foundation for sales and manufacturing collaboration.
Through this investment, Niching will further deepen its sales-manufacturing integration and manufacturing upgrade. By combining Niching’s strengths in semiconductor materials distribution, marketing, and customer service with MCY's capabilities in manufacturing, processing, and mass production management, the Group will strengthen its presence in AI thermal solutions, high-performance computing, and other advanced application markets, injecting new momentum into its medium- to long-term growth.