GigaDevice plans to participate in a new round of equity financing of Changxin Technology with RMB 1.5 billion

GigaDevice announced that since its first investment in Changxin Technology in 2020, the two parties have deepened cooperation, strengthened strategic partnership and achieved win-win results. Changxin Technology is currently conducting a new round of equity financing, and GigaDevice plans to participate in this capital increase with RMB 1.5 billion.