Zhongwei Semiconductor: Announcement on the Company's Signing of a Foreign Investment Letter of Intent

NightAirdropper · 2026-03-22T21:23:37+00:00

Zhongwei Semiconductor announced on March 22 that it will invest 160 million yuan of its own funds to increase capital in Zhuhai Boya Technology, acquiring a 20% stake with a post-investment valuation of 640 million yuan. The company expects this investment will not have a material impact on its financial condition.

NightAirdropper

2026-03-22 21:23:37

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Securities Daily News reported that on March 22, China Micro Semiconductor announced that on March 20, 2026, the third board of directors held its eighth meeting and approved the proposal for external investment. The company decided to use its own funds of 160 million yuan to increase its stake in Zhuhai Boya Technology Co., Ltd., resulting in a 20.00% ownership stake in Zhuhai Boya after the investment. The investment was based on a pre-investment valuation of 640 million yuan, with an additional 160 million yuan invested, and the company will hold a 20.00% equity stake in the target company after the investment. This investment will not have a significant impact on the company’s financial condition or operations.

(Editor: Cong Kexin)

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