Shanghai Didi Integrated Circuit Design Co., Ltd. announced that it expects to receive CNY 507.504841 million in funding from Dioo Microcircuits Co., Ltd. Jiangsu
August 23, 2022
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Didi Integrated Circuit Design Co., Ltd. announced that it has received CNY507.504841 million in an equity round of funding by returning investor, Dioo Microcircuits Co., Ltd. Jiangsu on August 24, 2022. The company's Board approval and regulatory approval has been reviewed and approved by the company's board of directors and the board of supervisors. The requirements of laws and regulations held the thirteenth meeting of the first board of directors and the eighth meeting of the first board of supervisors. Post closing, the investor will retain its 100% stake in the company.
On same date, the company announced the adjusting to use the raised funds to Increase Capital in Wholly-owned Subsidiaries to Implement Raised Funds Investment Projects.
On September 19, 2022, the company has received 14th meeting of the first board of directors and the ninth meeting of the first board of supervisors.
Dioo Microcircuits Co Ltd Jiangsu is a China-based company principally engaged in the research, development, design and sales of high-performance analog chips. The Company's products are mainly divided into two series of signal chain analog chips and power management analog chips, which are mainly used in consumer electronics, smart LED lighting, communication equipment, industrial control and security, and medical equipment. Signal chain analog chips mainly include operational amplifiers, high-performance analog switches, and high-speed Mobile Industry Processor Interface (MIPI) switches. Power management analog chips cover low-voltage high-power density power management chips and high-power power conversion and management chips, including converters, high-performance charging products, general power management chips, load and current-limiting switches and others. The Company mainly operates its businesses in the domestic and overseas markets.
Shanghai Didi Integrated Circuit Design Co., Ltd. announced that it expects to receive CNY 507.504841 million in funding from Dioo Microcircuits Co., Ltd. Jiangsu
DIOO MICROCIRCUITS CO., LTD. JIANGSU 
