On September 12, Demingli made an announcement stating that the company intends to revise the funded projects under its 2023 private share placement to specific investors. These projects encompass the "R&D and Industrialization Initiative for PCIe SSD Storage Controller Chips and Modules" and the "R&D and Industrialization Initiative for Embedded Storage Controller Chips and Modules." The specific modifications involve alterations in the overall investment amount, a reshuffling of the internal investment allocation, and the introduction of new project execution sites.

Specifically, the total investment earmarked for the "R&D and Industrialization Initiative for PCIe SSD Storage Controller Chips and Modules" will see an uptick, rising from RMB 499 million to RMB 743 million. Conversely, the total investment designated for the "R&D and Industrialization Initiative for Embedded Storage Controller Chips and Modules" will experience a reduction, dropping from RMB 667 million to RMB 340 million. The rationale behind these adjustments is to streamline resource distribution, bolster operational management effectiveness, and heighten the efficiency of fund utilization.