GigaDevice invests 1.5 billion yuan to deepen cooperation with Changxin Technology

GigaDevice announced that in order to strengthen cooperation with Changxin Technology, the company will invest RMB 1.5 billion to participate in a new round of financing for Changxin Technology. After this investment, GigaDevice will hold approximately 1.88% of Changxin Technology's shares. This move aims to strengthen cooperation between the two parties in the memory business and achieve mutual benefit and win-win results.