On March 7, Gong Bowen, chairman of China-ROK (Changchun) International Cooperation Demonstration Zone Equity Investment Fund Management Co, led a team to the China-ROK Industrial Park in Jiangsu's Yancheng city to carry out an investment promotion activity. They visited iA Power Electronics Co and its transfer module production line, and had a discussion with General Manager Jin Yingmin on the development trend and key links of the semiconductor industry, the integration of South Korea's advantageous industrial resources and the implementation of relevant cooperation projects.

iA (Jiangsu) Power Electronics Co is a Chinese-foreign equity joint venture established by South Korean semiconductor listed company iA Powertron and Yancheng Economic and Technological Development Zone Yuanjia Semiconductor Industry Investment Fund. The company is engaged in R&D, production and sales of IGBT and MOSFET power modules for new energy vehicles. The company team has more than 20 years of experience in mass production of automotive semiconductors, as well as the world's leading design, R&D and production technology for power semiconductors/power modules.

During the visit, Gong Bowen introduced the basic situation, business environment and industrial support policies of the China-ROK Demonstration Zone to iA Power Electronics. Jin Yingmin introduced the company and projects. Through the discussion, iA Power Electronics Co expressed its positive intention to cooperate with the demonstration zone, and said that it will launch the gel-filled module production line in the demonstration zone and visit the demonstration zone for further inspection and negotiation.