On January 6, VeriSilicon Holdings made a public announcement, stating that it, in collaboration with co - investors, had made an investment in Tiansui Xinyuan Technology (Shanghai) Co., Ltd. Subsequently, they utilized Tiansui Xinyuan as the key entity to secure a controlling stake in Pixelworks Semiconductor (Shanghai) Co., Ltd.

On December 12, 2025, the two parties involved signed a series of crucial documents, including the Capital Increase Agreement and the Shareholders Agreement. According to the plan, Tiansui Xinyuan intended to boost its registered capital by 940 million yuan. Once the investment is finalized, the registered capital of Tiansui Xinyuan will soar to 950 million yuan. VeriSilicon Holdings is set to hold a 40% stake, thereby emerging as the single largest shareholder. Moreover, by gaining control of a majority of the board seats, VeriSilicon Holdings will effectively assume control over Tiansui Xinyuan.

As of the announcement date, all relevant parties have successfully concluded the closing process. Consequently, Pixelworks Semiconductor has now been incorporated into the consolidated financial statements of VeriSilicon Holdings.