Beijing Silion Technology Corp.,Ltd. announced a private placement of 781,250 common shares at a price of CNY 12.8 per share for gross proceeds of CNY 10,000,000 on February 11, 2022. The transaction will include participation from new investor Beijing Bewinner Communications Co., Ltd. for a 11.111% stake in the company. The transaction has been approved in the 15th meeting of the 7th Board of Directors of the investor.