Shenzhen Minde Electronics Technology Ltd(300656) (300656) announced on the evening of February 20 that the company plans to use cash of 150 million yuan to increase the capital of Zhejiang Guangxin Microelectronics Co., Ltd. again. After the capital increase is completed, Shenzhen Minde Electronics Technology Ltd(300656) will hold 48.84% of the equity of Zhejiang Guangxin microelectronics.
The announcement shows that the main business of Zhejiang Guangxin microelectronics is the foundry business of high-end characteristic process semiconductor wafers. In phase I, it is planned to build a foundry production line with an annual output of 1.2 million 6-inch high-end characteristic silicon-based wafers to meet the growing demand for products in power electronics technology for miniaturized and high-speed power modules, At the same time, the development of high-energy and high-speed devices suitable for high-capacity power supply and intelligent power module is carried out.
The company said that the capital increase aims to further deepen the strategic layout of the company’s semiconductor industry chain, strengthen the safety and stability of the company’s power semiconductor industry supply chain, improve the product development efficiency of the company’s power semiconductor design business, and create a smartidm ecosystem of the power semiconductor industry chain. After the capital increase, Shenzhen Minde Electronics Technology Ltd(300656) further deepened its strategic cooperation with Zhejiang Guangxin microelectronics, and accelerated the construction and early production of Zhejiang Guangxin microelectronics project.
