Shanghai Xingsi Semiconductor Co., Ltd. announced that it will issue CNY 180 million in an equity round of funding from new investor Anhui Landun Photoelectron Co., Ltd. on December 29, 2023. The transaction was approved by the board of directors of the investor at its 12th session of the company?s 6th directorate and the 11th session of the company?s 6th supervisory board.