GigaDevice Semiconductor: Proposes to Invest RMB 400 Million to Subscribe to Approximately 25.87% Fund Shares of Shanghai Shixi GigaDevice Smart Chip Venture Capital Partnership (Limited Partnership)

GigaDevice Announces that the Company Plans to Invest 400 Million RMB as a Limited Partner to Subscribe for Approximately 25.87% of the Fund Shares in Shanghai Shixi GigaDevice Zhixin Venture Capital Partnership (Limited Partnership) (name to be finalized based on actual registration). The fund’s committed capital is 1.546 billion RMB. The Company plans to contribute 400 million RMB of its own funds, accounting for approximately 25.87% of the fund’s total committed capital.

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