In August 2023, the company officially received Pre-A round investment from Midea Holdings, marking another solid step forward on its path to developing innovative products and technologies. This round of financing will further enhance the company's competitiveness in the market and consolidate its leading position, providing customers with higher-quality products and services.

Since its establishment, Fengzhiyi has been committed to providing customers with high-quality and innovative solutions and has earned a good reputation in the semiconductor industry. This successful financing will further accelerate the company's R&D and market promotion pace, providing customers with more diversified product and service options. The company plans to utilize this round of financing to intensify its market promotion efforts, expand its industrial chain partners, and further increase its market share.

This investment is not only an affirmation of Fengzhiyi's past achievements, but also a confidence and support for its future development. With greater enthusiasm and drive, Fengzhiyi will continue to innovate and enhance its core competitiveness to create greater value for its customers.

With the impetus of this successful financing, it is believed that Fengzhiyi will surely embrace a broader development space in the future market competition. We look forward to the company continuing to take innovation as its driving force, bringing more outstanding products that lead the trend to the industry, and enabling consumers to enjoy more high-quality services.