Suzhou gate-sea Microelectronics Technology Co., LTD. (hereinafter referred to as "gate-sea Microelectronics") has completed a series C financing of 100 million yuan, and this round of investment is jointly completed by Suzhou Oriza Holdings Corporation (hereinafter referred to as “Oriza Holdings”), Fosun RZ Capital, Suzhou Park Science and Technology Innovation Fund. The financing funds will be mainly used for the research and development of photovoltaic products, market development and working capital supplement. This is an important milestone in the development of our company, marking that our innovation and efforts have been recognized by the market.

Since its establishment in 2001, Oriza Holdings has been deeply engaged in the field of equity investment, focusing on investment in innovative enterprises, scientific and technological industry services, scientific and technological talent education, and technological and financial integration, and has continued to help the transformation and upgrading of the real economy. Up to now, Oriza Holdings has invested in more than 1,300 projects, cultivated 106 listed companies, and invested 170 sub-funds through VC mother funds, with a total scale of more than 200 billion yuan of sub-funds, injecting capital impetus for innovative enterprises. In 2022, Oriza Holdings participated in the A round investment of gate-sea Microelectronics. In the past two years, Oriza Holdings has continued to accompany the development of enterprises, made full use of investment ecology and industrial resources, participated in the B round financing of enterprises and led the investment in the C round financing of enterprises.

Founded in 2013, Fosun RZ Capital is a global investment institution under Fosun focusing on new technologies, new energy and global Chinese. Relying on Fosun's ecological resources in the four sectors of health, happiness, wealth and smart manufacturing, Fosun RZ Capital aims to become a leading global industrial investment institution with the mission of "empowering innovative enterprises with industrial resources for global development”.Up to now, Fosun RZ Capital is managing a total capital of over RMB 10 billion, with dual currency investment capacity in both US dollars and RMB, and has led investment in more than 100 high-quality companies, and has branches in 7 regions around the world, including Beijing, Shanghai, Shenzhen, Silicon Valley, Israel and India.

The Science and Innovation Fund of the Park was officially established in July 2021, led by the Science and Innovation Committee of the Park and the enterprise Service Center. The investment objects are mainly high-quality science and technology projects that are in line with the development direction of strategic emerging industries such as biomedicine, nanotechnology application and artificial intelligence, and are headquartered in the park with technological advancement, industrial initiative and broad market prospects. Adopt a combination of direct investment and allocation to support enterprises to become bigger, better and stronger, while attracting more high-quality projects to develop. For the development of the company, the park science and innovation fund has provided a lot of help.

We are very pleased with the success of this financing, first and foremost thanks to our team, whose professionalism, determination and boundless passion for innovation are the keys to our success. We would also like to thank our investors, whose trust and support have made it possible for us to further develop our business and realize our vision. This cooperation is the result of our joint efforts and also a new starting point for our future development. In the coming days, we will continue to work together to create brilliant.

This round of financing will provide us with additional resources to scale our business, accelerate the pace of product development, and further improve the quality of our services. We will continue to optimize our core technologies to ensure our leading position in the market. In the coming days, we will continue to provide them with quality products and services to create a better future together.