On August 19th, data sourced from the Tianyancha App revealed that Pioneering Semiconductor Equipment (Shenyang) Co., Ltd., a subsidiary under the umbrella of Piotech, has recently undergone significant industrial and commercial modifications. Specifically, the company's legal representative has transitioned from Liu Jing to Ning Jianping. Concurrently, there has been a substantial augmentation in the registered capital, which has surged from 500 million yuan to an impressive 3.36 billion yuan, signifying an approximate 572% increase. Founded in February 2023, this enterprise specializes in the production and distribution of electronic and semiconductor-specific equipment and is entirely owned by Piotech Inc.