Yangjie Technology has made an announcement stating that the first phase of its factory in Vietnam has achieved full production capacity. Moreover, its overseas R&D centers and sales channels have been comprehensively set up. In a bid to boost the efficiency of utilizing the raised capital, the company has made the decision to terminate two projects that were funded by the proceeds from the 2023 Global Depositary Receipts. These projects are the 'Project for Developing the Power Component Business (Encompassing the Packaging of Small Signal Products, Silicon-based and Silicon Carbide SBDs, MOSFETs, etc.)' and the 'Project for Establishing Overseas R&D Centers and Global Sales and After-sales Service Outlets'. The remaining raised capital will be reallocated to the company's ongoing 'Automotive-grade Power Semiconductor Module Packaging Project' and the 'Technological Transformation Project for the Power Device Production Line for AI Infrastructure'. As of May 31, 2026, the total raised funds (inclusive of interest and returns from cash management) earmarked for the modified purposes amount to USD 125 million.