On February 13, Bright Power Semiconductor unveiled its ambitious plan to acquire a 100% equity stake in Chipsailing Technology. This acquisition will be executed through a combination of share issuance and cash payment, targeting 50 trading entities, Weijunsi among them. Chipsailing Technology stands out in the semiconductor landscape, focusing on the cutting-edge research and development, design, and marketing of high-performance analog chips and mixed-signal chips. Its product lineup boasts wireless charging chips, universal charging chips, and automotive power management chips, catering to the ever-evolving tech demands.

In recent years, Chipsailing Technology has witnessed a remarkable surge in revenue, marking year-on-year growth rates of 45.02% in 2023 and an impressive 47.04% in 2024. This trajectory underscores the company's robust market position and promising future prospects. Furthermore, to bolster this strategic acquisition and fuel future growth, Bright Power Semiconductor intends to raise supporting funds. This fundraising initiative will involve engaging with no more than 35 qualified specific investors, ensuring a solid financial foundation for the expanded business operations.