Shanghai Bright Power Semiconductor Co., Ltd. (SHSE:688368) agreed to acquire additional 38.87% stake in Linko Semiconductor Co., Ltd. from GF Xinde Investment Management Co., Ltd and Zhoushan Hezhongxin Enterprise Management Consulting Partnership Enterprise (Limited Partnership) for approximately CNY 250 million on March 15, 2023. As of April 17, 2023, shareholders of Shanghai Bright Power Semiconductor Co., Ltd. approved the transaction.