CLPS Incorporation Congratulates Lion X Venture's Portfolio Company, SkyeChip, on Its Successful Main Market Listing on Bursa Malaysia

CLPS Incorporation (CLPS) extends its warmest congratulations to SkyeChip Berhad (SkyeChip) (Stock Code: 5357) on its highly anticipated official listing on the Main Market of Bursa Malaysia on May 20, 2026. SkyeChip is a key a portfolio company of Lion X Venture (Lion X), an investment fund in which CLPS holds a minority interest.

SkyeChip's IPO achieved immense market acclaim, drawing 22 top-tier international and local institutional cornerstone investors. The capital raised will primarily drive for key areas such as integrated circuit (IC) product development—including advanced computing/AI chips and 2.5D/3D advanced packaging—alongside silicon intellectual property (IP) developments such as next-generation Network-on-Chip (NoC), LPDDR6/HBM4 memory interfaces, and automotive IP.

Founded in 2019 and headquartered in Penang, Malaysia, SkyeChip was established by core team veterans from globally renowned semiconductor pioneers, including Intel, Altera, and Broadcom. It provides end-to-end IC design capabilities spanning architecture design to product engineering, backed by deep project management, new product introduction, and global supply chain management expertise. Serving critical technology markets across Greater China, the United States, and Singapore, SkyeChip achieved revenue compound annual growth rate (CAGR) of 44.6% from fiscal years 2023 to 2025.

Recognizing SkyeChip's independent silicon IP innovations and advanced process design capabilities, Lion X made a strategic investment in the company in 2025. With the increasing demand for artificial intelligence, high-performance computing, and data centers fueling a new golden cycle for the global semiconductor industry, SkyeChip's specialized technology portfolio—particularly in HBM interface IP and customized ASIC—coupled with Malaysia's emerging role as a strategic, neutral chip design hub, positions the company as a powerful engine for global market capture.

As a strategic investor in Lion X, CLPS is honored to have indirectly participated in this promising semiconductor investment opportunity. While holding non-controlling minority interest in the fund, CLPS continues to support the growth of its portfolio companies. Looking ahead, CLPS intends to deepen its collaborative relationship with Lion X, deploying both capital and resources to empower innovative enterprises and jointly drive global technological progress.

CLPS once again congratulates SkyeChip on this milestone, and commends Lion X on hitting another remarkable portfolio achievement.