Hubei Tongge Microcircuit Technology Co., Ltd. announced that it will receive CNY 180 million in equity round of funding on March 4, 2024. The transaction include the participation from returning investor WG TECH (Jiang Xi) Co., Ltd., hold 100% stake in the company. The company's registered capital is CNY 300 million.

The transaction has been approved at the 11th meeting of the fourth board of directors and does not need to be submitted to the shareholders' meeting for review.