Li Yang Chip intends to acquire 100% equity of Guoxin Micro

On December 30, Li Yang Chip, a domestic semiconductor testing company, announced that it had signed a "Letter of Intent for Equity Transfer" with Li Ling, Li Ruilin, Feng Xiaotao, Jia Yanlei, Sun Xuyan and Li Liang, shareholders of Chongqing Guoxin Micro Technology Co., Ltd. (hereinafter referred to as "Guoxin Micro" or "Transaction Subject"), intending to acquire 100% of Guoxin Micro's equity held by these shareholders. The final purchase price will be determined through negotiation after the completion of due diligence, audit and evaluation procedures, and will be specified in the formal transfer agreement. If this equity transfer transaction goes smoothly, Li Yang Chip will achieve 100% control of Guoxin Micro.