Tianyu Semiconductor plans to use IPO proceeds for expansion and innovation

Tianyu Semiconductor plans to use the funds raised from the IPO in three main directions: first, to expand the company's overall production capacity; second, to enhance the company's independent research and development and innovation capabilities; and third, to make strategic investments and/or acquisitions. These measures will help increase the company's market share and product competitiveness, improve product quality, shorten the development cycle of new products, expand the customer base, enrich the product portfolio, supplement technology, and achieve the company's long-term development strategy.