Yea Shin Technology Co., Ltd announced a private placement and it will issue 22,000,000 common shares at an issue price of TWD 10 per share for gross proceeds of TWD 220,000,000 on April 29, 2024. The transaction will include participation from returning investor, Eris Technology Corporation will retain 96.1% stake in the company. The actual total transaction amount will be increased based on the actual number of subscriptions at that time.

The cash capital increase has been approved by the board of directors of the investor.