Jiangxi Changelight Semiconductor Technology Co., Ltd. announced that it will receive CNY 200 million in a equity round of funding on September 22, 2023. The transaction will include participation from returning investor Xiamen Changelight Co., Ltd. to retain the majority stake in the company. This has been approved in the 22nd session of the company?s 5th directorate and the 18th session of the company?s 5th supervisory board.

Post-completion of the transaction the registered capital of the company will increase from CNY 20 million to CNY 200 million.