Changzhou Chengxin Semiconductor Co., Ltd. announced that it has signed an contract to receive CNY 1,200,000,000 in an equity round of funding on December 29, 2021. The registered capital of the company will increase by CNY 214,639,200. The transaction will include participation from new and existing investors including China Internet Investment Fund, China Internet Investment Fund Management Co., Ltd., GCS Holdings, Inc., Tibet Changle Investment Co., Ltd., Tibet Jinxiang Investment Co., Ltd., Jintaifu Capital Management Co., Ltd., Qilu (Xiamen) Equity Investment Partnership (Limited Partnership), Hubei Xiaomi Changjiang Industry Fund Partnership Enterprise (Limited Partnership)china, Shanghai Hanmai Electronic Technology Co., Ltd., Changzhou Qitai Venture Capital Partnership Ent.

(L.P.), Jingpin Optoelectronics (Changzhou) Co., Ltd., Changzhou Yuxin Enterprise Management partnership (limited partnership), Changzhou Huixin Enterprise Management Partnership (Limited Partnership), Changzhou Zhixin Enterprise Management Partnership (Limited Partnership), Jiangsu Xinzhuo Investment Co., Ltd, Kuncheng (Shenzhen) Enterprise Management Consulting Partnership (Limited Partnership), Kuaike Intelligent Equipment Co., Ltd., Changzhou Xinyi Technology Venture Capital Co., Ltd., Wuxi Guoqihangpeng Investment Partnership (Limited Partnership), Qingdao Zhongjinghe Luxin Cross-Border Venture Capital Fund Enterprise (L.P.), a fund managed by Qingdao Zhongjinghe Luxin Fund Management Enterprise (L.P.), Changzhou Qitai No. 2 Venture Capital Partnership (Limited Partnership), Changzhou Changgao New Intelligent Manufacturing Investment Center (Limited Partnership), Hangzhou Zhihetong Technology Co., Ltd., Suzhou Huaxing Zhiqing Venture Capital Center (Limited Partnership), Changzhou Hengxin Industrial Investment Partnership (Limited Partnership), Quick Intelligent Equipment Co., Ltd. and Changzhou Qianlang. As part of the transaction, Shanghai Hanmai Electronic Technology Co., Ltd. waived its pre-emptive right of capital increase and shareholding ratio will be reduced from 5.36% to 3.60%.

The waiver has been reviewed and approved at the sixth meeting of the third board of directors and the sixth meeting of the third board of supervisors of Shanghai Hanmai Electronic Technology Co., Ltd.