Golden Sun announced that the company responded to the proposal put forward by the China Securities Small and Medium Investors Service Center to increase the total capital of the participating company Pioneer Electronics by 25 million yuan. The pre-investment valuation of the capital increase was 350 million yuan, an increase of 3266.9% over the book net assets. The company claims that the high premium is a phased characteristic of semiconductor startups, and the valuation reflects future growth value and is reasonable; the second phase of the 10 million yuan capital increase is based on the premise that Pilot Electronics obtains formal valuable purchase orders from target customers, and risk protection measures have been set. The scale of the capital increase is small, and will not have a significant impact on the company's operations.

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