The following chart depicts the shareholding and corporate structure of our Group:

Subsidiaries of the Group:

(1) Shanghai Huahong Grace Semiconductor Manufacturing Corporation (HHGrace)
(2) Global Synergy Technology Limited
(3) HHGrace Semiconductor USA, Inc. (HHGrace USA)
(4) HHGrace Semiconductor Japan Co., Ltd. (HHGrace Japan)
(5) Grace Semiconductor Manufacturing Corporation (Grace Cayman)