When the first chips have been manufactured, it would be good to hear about how they're doing in tests.

Sidenote: I don't think anyone inclined to check will find anything in Chinese law that would prohibit taking money for pre-orders. Pre-order customers aren't "investors" -- they don't control a company (e.g. they don't elect a company's management). The laws in question specify how companies controlled by overseas capital can be formed over there.