FUTURE MACH LTD (01401) subsidiary plans to invest an additional 20 million yuan in Zhichen Semiconductor to enhance its layout in the semiconductor and artificial intelligence fields.

FUTURE MACH LTD (01401) announced that on August 12, 2026, its indirectly wholly-owned subsidiary Shenzhen Interstellar Quantum, together with other new investors, entered into the Fourth Round Angel Investment Agreement with the shareholders of the target company. According to the investment agreement, Shenzhen Interstellar Quantum will subscribe to an additional registered capital of approximately RMB 50,100 at a subscription price of RMB 20 million for the target company, Zhichen Semiconductor (Shenzhen) Co., Ltd., as part of the total additional registered capital of approximately RMB 633,430 that will be issued under the investment agreement. Upon the completion of the capital increase, the registered capital of the target company will be approximately RMB 5,140,100, and the company will indirectly hold approximately 0.9742% of the equity in the target company through Shenzhen Interstellar Quantum. The board believes that the continuous integration of artificial intelligence into smartphones and smart devices, as well as the global promotion of 5G networks, will drive significant demand for smartphone and smart device products. To fully leverage these market prospects and maximize shareholder value, the group adopts a prudent growth strategy that focuses on enhancing R&D capabilities, expanding and diversifying the product portfolio, strengthening sales and marketing efforts to broaden regional coverage, and further widening its customer base. Meanwhile, the company believes that the rapid development of general artificial intelligence and large models will lead to the mainstream adoption of AI in smartphones and diverse AI edge devices, resulting in a surge in demand. The company will improve its industrial ecology through investments and other strategies. The target company is primarily engaged in hardware and software research, development, and sales related to chips and artificial intelligence technology. Therefore, based on the high recognition of the industry in which the target company operates, its future business development strategy, and the founder and their team, the company believes that the capital increase aligns with the group's long-term development strategy and is beneficial for the company's strategic layout in the semiconductor and artificial intelligence fields.