SiS, approved by SiS Board on April 2, 2024 resolution to set up a Cayman subsidiary and SiS Semiconductor (Shandong) Co., Ltd. of China Sub-subsidiary so as to acquire UnitedDS Semiconductor (Shandong) Co.,Ltd,, was processing the capital paid-in related matters on August 27, 2024 ; SiS set up SiS Investments Limited in a transaction amount of USD50,000 and RMB77,500,000 combined ; SiS Investments Limited set up SiS Semiconductor (Shandong) Co., Ltd. in a transaction amount of RMB77,500,000 ; SiS Semiconductor (Shandong) Co., Ltd acquired common shares of UnitedDS Semiconductor (Shandong) Co.,Ltd. in a transaction amount of RMB 77,000,000 . UnitedDS Semiconductor (Shandong) Co.,Ltd became a major subsidiary of SiS on August 29, 2024.