Zhaoyi Innovation (03986) subsidiary plans to invest $100 million to subscribe for a 25% fund share in Yunfeng Investment V, L.P.

Zhitong Finance APP news, GigaDevice (03986) announced that in order to further promote the company's development and strengthen its global strategic layout in the industry, its wholly-owned subsidiary GigaDevice HK has invested USD 100 million as a limited partner to subscribe for shares in Yunfeng Investment V, Ltd. (hereinafter referred to as "General Partner"), which is initiated to establish Yunfeng Investment V, L.P. The scale of this investment fund is USD 400 million. GigaDevice HK has signed a Subscription Agreement (hereinafter referred to as the "Subscription Agreement") with the General Partner on August 10, 2026, regarding the above investment matter, with GigaDevice HK subscribing for USD 100 million in shares of the investment fund, accounting for 25.00% of the total capital contributions of the investment fund.