Xiamen Silan Jike Microelectronics Co., Ltd. announced that it expects to receive CNY 500.49 million in funding from Xiamen Semiconductor Investment Group Co., Ltd., Hangzhou Silan Microelectronics Co., Ltd
November 07, 2019
Share
Xiamen Silan Jike Microelectronics Co., Ltd. announced that it will receive CNY 500,490,000 in funding on November 8, 2019. The transaction will include participation from existing investors Xiamen Semiconductor Investment Group Co., Ltd. which will continue to hold 85% stake by investing CNY 425,416,500 and Hangzhou Silan Microelectronics Co., Ltd (SHSE:600460) which will continue to hold 15% stake by investing CNY 75,073,500. After the capital increase, registered capital of the company will grow from CNY 2,000,000,000 to CNY 2,500,490,000. The transaction was approved by the 5th meeting of the 7th directorate of Hangzhou Silan Microelectronics Co., Ltd (SHSE:600460)
Hangzhou Silan Microelectronics Co., Ltd. is a China-based company principally engaged in the design, manufacture and sales of electronic components. The Company is also engaged in the importing and exporting of mechanical and electrical products. The Company's main products include integrated circuits, semiconductor discrete devices and light-emitting diode (LED) products. The Company mainly operates its businesses in Zhejiang Province, China.
Xiamen Silan Jike Microelectronics Co., Ltd. announced that it expects to receive CNY 500.49 million in funding from Xiamen Semiconductor Investment Group Co., Ltd., Hangzhou Silan Microelectronics Co., Ltd