Yangzhou Yangjie Electronic Technology (SHE:300373) secured a conditional nine-month exemption from European Union sanctions under Resolution (CFSP) 2026/1333, according to a Tuesday filing with the Shenzhen bourse.
The exemption allows the power semiconductor wafers manufacturer to honor contracts signed before April 23 through Dec. 31. It also permits E.U. industries to procure critical components from the company until March 16, 2027, to ensure supply chain diversification.
The reprieve follows appeals from European automotive clients.
Shares of Yangzhou Yangjie Electronic Technology rose 5% in recent trade.