On August 13, Dawei Co., Ltd. made an announcement stating that it would allocate funds raised from various sources to extend interest-free loans. Specifically, it would provide RMB 59 million to its wholly-owned subsidiary, Dawei Chuangxin, and RMB 32.9307 million to Dawei Jiemin. The total amount of these loans would reach RMB 91.9307 million, earmarked for the research, development, and industrialization of embedded memory solutions.
