Leading Interconnect Semiconductor Technology (Shenzhen) Co., Ltd. announced that it will receive $136,020,151 in equity round of funding on January 12, 2023. The transaction will involve participation from new investor Avary Holding(Shenzhen)Co., Limited to subscribe to new registered capital of $15,113,350 for 13.72% stake. The company issued common shares in the transaction.

The transaction has been approved by the board of directors. After the completion of the transaction the registered capital of the company will increase by $21,590,500 and the current registered capital of the company is $156,874,042. The transaction has been approved in the twenty-third meeting of the second directorate and does not need the shareholders?

approval.