Chengheng Micro, a holding subsidiary of Jingjia Micro, is set to augment its capital and shareholding structure by bringing in five strategic investors, with the total capital increase capped at 170 million yuan. This strategic move has undergone thorough review and received the nod from Jingjia Micro's board of directors. Currently, the company, along with a portion of the investors, has finalized the approval of the agreement. Meanwhile, the approval process for the remaining investors is still in progress.
