Shanghai Zhencheng Microelectronics Technology Co., Ltd. announced that it will receive CNY 12,000,000 equity round of funding on December 13, 2023. The transaction include the participation from returning investors Jiangsu NanFang Precision Co., Ltd., Shanghai Yongxin Technology Partnership Enterprise (Limited Partnership), Shanghai Chengxin Technology Partnership Enterprise (Limited Partnership), individual investors Hu Liangbao and Wang Dongdong. The company's registered capital is increased from CNY 20,408,163 to CNY 32,408,163?.

The transaction has been approved in the 6th Meeting of the Company?s 6th Directorate, and does not need the Shareholders? Approval.