M31 Technology Corporation (M31), a leading global provider of silicon intellectual property (IP), announced that the Board of Directors has approved a private placement of common shares as part of a cash capital increase, bringing in ASPEED Technology Inc. (ASPEED) as a strategic investor. The transaction is being carried out under authorization granted by the shareholders’ meeting. Building on the existing collaboration between the two companies, the investment is expected to further deepen the strategic partnership and jointly advance future business development and market positioning.

ASPEED is a key long-term partner of M31, and the two companies have maintained close collaboration across relevant business areas for many years. Through this private placement and equity investment, both parties will further strengthen cooperation in product development, market expansion, and customer resource sharing. By combining complementary strengths and resources, the partnership is expected to enhance overall operating efficiency and market competitiveness, while accelerating M31’s mid- to long-term growth strategy.

The private placement is expected to raise NT$187,090,000, with proceeds primarily allocated to strengthen working capital and support future business expansion. The additional funding will enhance financial flexibility and reinforce capital structure resilience, while supporting growth initiatives and market development plans. Looking ahead, collaboration with ASPEED in server-application interface IP is expected to create more opportunities for market penetration and customer acquisition, further expanding M31’s operating scale and market presence.

M31 noted that bringing in a strategic investor will not only strengthen overall competitive advantages, but also underscores the partner’s strong confidence in M31’s long-term growth prospects. M31 will continue to focus on advancing core technologies and expanding market presence, creating greater corporate value and delivering stable, long-term returns for shareholders.

This private placement will be conducted in accordance with the Securities and Exchange Act and relevant regulatory requirements. All related resolutions have been publicly disclosed on the Market Observation Post System (MOPS) in compliance with regulatory requirements to ensure information transparency and protect investor interests.