Beijing Junzheng: Plans to invest 200 million yuan to increase capital in Rongxin Semiconductor

Gelonghui, March 27 | Beijing Junzheng (300223.SZ) announced that the company plans to invest 200 million yuan of its own funds to increase its capital in Rongxin Semiconductor (Ningbo) Co., Ltd., subscribing to an increase in registered capital of 6.436 million yuan. Based on the current round of 4 billion yuan capital increase, after the completion of the investment, the company will hold approximately 1.91% equity in Rongxin Semiconductor. This investment in Rongxin Semiconductor is part of the company’s layout in the upstream supply chain of semiconductors, which will help the company better expand its upstream supply chain resources.

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