Heilan Home Responses: No Semiconductor Business Involved
Kaihuakang Semiconductor Equipment Nanjing Co., Ltd. was established recently. According to Chinsese media, the company is 100% controlled by Heilan Home. Heilan Home stated that it had used the name of Kainuo Technology before the change of its name, and the shareholders of Kaihuakang Semiconductor Equipment Nanjing Co., Ltd. happened to also use the name of Kainuo Technology.
The news of the establishment of the semiconductor company this time was caused by a data error in a third-party data organization. Heilan Home did not involve the semiconductor business.