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YIBIN Technology: Proposed Investment of 160 Million Yuan in Shanghai Chuanchip Semiconductor Co., Ltd.
Yibin Technology announces that it plans to invest in Shanghai Chuanxin Semiconductor Co., Ltd. through a combination of capital increase and transfer of old shares using its own funds, with a total investment of 160 million RMB. After this investment is fully completed, it will hold 9.4088% of the equity in Shanghai Chuanxin.