According to the Aiqicha App, Luxshare Supply Chain Technology (Wuxi) Co., Ltd. has recently been established, naming Gu Xuefeng as its legal representative and boasting a registered capital of 50 million yuan. The scope of its business encompasses the sales of integrated circuit chips and related products, integrated circuit design services, sales of semiconductor discrete devices, and the sales of specialized equipment tailored for semiconductor devices, to name a few. An equity analysis indicates that this newly formed company is a wholly-owned subsidiary of Luxshare Supply Chain Technology (Shenzhen) Co., Ltd., which itself is a subsidiary under the umbrella of Luxshare Precision.