Silan Microelectronics to increase capital in Silan Jike and Silan Ming Gallium
2019-11-12 13:34:36 [Print]
On 8 November, Hangzhou Silan Microelectronics Co
After the capital increase, the registered capital of Xiamen Silan Jike Microelectronics Co., Ltd . will reach about RMB2 . 5 billion (USD0 . 36 billion) from RMB2 . 0 billion (USD0 . 29 billion) and that of Xiamen Silan Ming Gallium Compound Semiconductor Co . , Ltd . will reach RMB970 . 37 million (USD138 million) from RMB800 million (USD114 million).
By increasing capital, Hangzhou Silan Microelectronics aims at higher capital adequacy ratios of the two companies, which would accelerate construction of 12-inch integrated circuit chip production line and compound semiconductor production line.
. , Ltd . announced to increase the registered capital by RMB500 . 49 million (USD71 . 40 million) in Xiamen Silan Jike Microelectronics Co . , Ltd . and by RMB170 . 37 million (USD24 . 30 million) in Xiamen Silan Ming Gallium Compound Semiconductor Co . , Ltd. After the capital increase, the registered capital of Xiamen Silan Jike Microelectronics Co., Ltd . will reach about RMB2 . 5 billion (USD0 . 36 billion) from RMB2 . 0 billion (USD0 . 29 billion) and that of Xiamen Silan Ming Gallium Compound Semiconductor Co . , Ltd . will reach RMB970 . 37 million (USD138 million) from RMB800 million (USD114 million).
By increasing capital, Hangzhou Silan Microelectronics aims at higher capital adequacy ratios of the two companies, which would accelerate construction of 12-inch integrated circuit chip production line and compound semiconductor production line.