Yangjie Technology: Change some of the raised funds investment projects involving 8.49 billion yuan.

Yangjie Technology announced that the 28th meeting of the fifth board of directors of the company approved the "Proposal to Change Part of the Investment Projects Raised" which will close the "Development of Power Device Business" and "Construction of Overseas R&D Centers and Global Sales and After-sales Service Points" projects that will issue global depositary receipts in 2023, with the remaining $124.5182 million USD until May 31, 2026 to be used for the "Automotive Grade Power Semiconductor Module Packaging Project" and "AI Infrastructure Power Device Production Line Technology Transformation Project." This proposal still needs to be submitted for approval at the company's first extraordinary general meeting of shareholders in 2026. In addition, the meeting also approved the proposal to convene the first extraordinary general meeting of shareholders in 2026, which is planned to be held on July 3rd.