Shanghai New Silicon Polymer Semiconductor Co., Ltd. announced that it will receive CNY 296,000,000 in an equity round of funding on May 30, 2023. The transaction will include participation from returning investors, National Silicon Industry Group Co., Ltd. for CNY 145,000,000 accounting for 50.1343%, Shanghai Xinlicheng Enterprise Management Partnership (Limited Partnership) for CNY 71,000,000 accounting for 22.1128%, Jiaxing Feitu Xinyuan Venture Capital Partnership (Limited Partnership) for CNY 10,000,000 accounting for 5.0134%,Hainan Qichuang Enterprise Management Center (Limited Partnership) for CNY 15,000,000 accounting for 5.9087%, individual investor, Yao Lisheng for CNY 5,000,000 accounting for 3.0439%, new investors, TDG Holding Co., Ltd. for CNY 20,000,000 accounting for 3.581% stake, Shenzhen Juyuan Xinchuang Private Equity Investment Fund Partnership (Limited Partnership) for CNY 20,000,000 accounting for 3.581% stake and Zhuhai Guangku Technology Co., Ltd. for CNY 20,000,000 accounting for 1.7905% stake. The funds raised through capital increase, of which CNY 197,333,333 is included in the registered capital of the company.

The transaction was approved by the eleventh meeting of the second session of the board of directors to review the "Proposal on capital increase to holding subsidiaries and related transactions”. The transaction of capital increase need to be submitted to the general meeting of shareholders for consideration.