Yunnan Germanium Industry announces the introduction of new investors, Xinyao Semiconductor receives capital injection

On December 19, Yunnan Germanium Industry issued an announcement, agreeing that its holding subsidiary Yunnan Xinyao Semiconductor Materials Co., Ltd. (hereinafter referred to as "Xinyao Semiconductor") will introduce new investors through capital increase and share expansion: Shenzhen Capital Group Manufacturing Transformation and Upgrading New Materials Fund (Limited Partnership) (hereinafter referred to as "Shenzhen Capital Group Fund") and Shenzhen Yuanzhi Spark Private Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Yuanzhi Spark"). Shenzhen Capital Group Fund and Yuanzhi Spark will invest RMB 300 million and RMB 100 million respectively to subscribe to the newly added registered capital of RMB 160 million of Xinyao Semiconductor. After the capital increase is completed, Shenzhen Capital Group Fund and Yuanzhi Spark will hold 25% and 8.3333% of the equity of Xinyao Semiconductor respectively.