Puluan Semiconductor (Shanghai) Co., Ltd announced that it will raise CNY 15 million in a round of funding on October 26, 2021. The transaction will involve participation from Tech Semiconductors Co., Ltd. Post the closing, CNY 7.5 million will be added as registered capital, and CNY7.50 million will be added as capital reserve, the registered capital will increase from CNY 30 million to CNY 37.50 million. The transaction has been approved by the board of directors in investors 5th directorate and the 3rd session of it?s 5th supervisory board.