Shanghai Bright Power Semiconductor Co., Ltd. (SH: 688368) announced its participation in the strategic placement for CanSemi Technology Inc.'s initial public offering on the ChiNext board, using its own funds with a maximum subscription amount of 50 million yuan.

According to the issuance announcement published by the target company on September 23, 2026, the offering price for CanSemi is set at 12.01 yuan per share. Shanghai Bright Power Semiconductor was allocated 4.1632 million shares, totaling 49,999,996 yuan, representing 0.81% of the total shares issued in this offering and 0.14% of the post-IPO total share capital (before the exercise of the over-allotment option).

CanSemi is an integrated circuit manufacturer dedicated to providing 12-inch wafer foundry services and specialty process solutions for chip design companies both domestically and internationally. Its core business model centers on specialty process wafer foundry, serving chip design firms and end customers. The company's primary clientele includes multiple first-tier semiconductor design companies worldwide, and it possesses research, development, and manufacturing capabilities for integrated circuits and power devices. Its product applications span consumer electronics, industrial control, automotive electronics, and artificial intelligence sectors.