Union SemiConductor Co., Ltd. announced that it will receive CNY 300 million in an equity round of funding through capital increase from retuning investor Union Semiconductor (Hefei) Co., Ltd. to retain 100% stake in the company on December 20, 2022. After the completion of this capital increase, the registered capital of company will increase from CNY 261.6402 million to CNY 561.6402 million. The transaction has been approved at thirteenth meeting of the first board of directors.