Liyang Chip: Modifies Private Placement Strategy, Targets Up to 870 Million Yuan for Testing Initiatives, Etc.
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Author:小编   

On September 28, Liyang Chip unveiled a revised strategy for its 2026 private placement of A-shares to targeted investors. The upper limit for the share issuance is capped at 46.6208 million shares, with the total capital raised not surpassing 870 million yuan. Regarding the allocation of funds, 700 million yuan will be earmarked for the Dongcheng Liyang Chip integrated circuit testing project, 80 million yuan for the wafer laser stealth dicing project (Phase I), and an additional 90 million yuan will be utilized to bolster working capital and settle bank loans. Concurrently, the research and development endeavor focused on advanced heterogeneous stacked packaging technology has been discontinued.