On December 31, Ginlong Technologies Co.Ltd(300763) announced that recently, Ningbo Jimi, a wholly-owned subsidiary of the company, plans to jointly invest in Xinggan semiconductor with Huatong Hengyue. Ningbo Jimi plans to subscribe for Xinggan semiconductor with its own capital of 10 million yuan, and the newly increased registered capital is 145669 yuan. After the above capital increase is completed, Ningbo Jimi holds 2% of the equity of Xinggan semiconductor. Xinggan semiconductor, jointly invested by the company's wholly-owned subsidiary and all investors, is conducive to the company's wholly-owned subsidiary to expand semiconductor related investment business.
(Daily Economic News)