Jan 14, 2021 08:52 PM (GMT+8) · EqualOcean
According to the science and technology innovation board daily on the 14th, RuiChuang Weina announced that the company plans to use 260 million yuan of over raised funds to establish a joint venture with Yantai Yeda Economic Development Group Co., Ltd., Shandong Qixin Semiconductor Research Institute Co., Ltd., with a registered capital of 500 million yuan, accounting for 52% of the registered capital of the joint venture; and the joint venture will carry out the "Yantai new semiconductor technology research institute" ”The total investment of the project is 500 million yuan. The company sets up a team to be responsible for the construction and operation of the project.