Dec 21, 2021 04:09 PM (GMT+8) · EqualOcean
Cailian, Dec. 21 (Xinhua) DAHAO technology announced that Xinggan semiconductor plans to raise 20 million yuan from Hunan Junxi Gaochuang technology industry fund partnership (limited partnership) ("Junxi Gaochuang") through capital increase to meet the working capital needs for business development. Xinggan semiconductor is estimated to be 470 million yuan after the investment of this round of capital increase. After the completion of this round of capital increase, The registered capital of Xinggan semiconductor will increase from 669454400 yuan to 6992078 yuan, and Junxi Gaochuang holds 4.2553% equity of Xinggan semiconductor. As a shareholder of Xinggan semiconductor, the company enjoys the preemptive right of this capital increase. After comprehensive consideration by the board of directors, the company agrees to waive the preemptive right of the above equity. The equity of Xinggan semiconductor held by the company will be diluted to 18.55%.