Zhaoyi Innovation: Subsidiary invests 679 million yuan to participate in overseas private equity investment.
Zhaoyi Innovation announced that on August 10, 2026, its wholly-owned subsidiary GigaDevice HK will invest USD 10 million from its own funds to subscribe for 25% of the fund shares in Yunfeng Investment V, L.P., which has a total fund size of USD 40 million. This transaction does not constitute a related party transaction or a major asset restructuring, and it does not require submission for approval by the company's board of directors or the shareholders' meeting. The investment may face risks of returns being below expectations or the inability to exit in a timely and effective manner.
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