HC Semitek to raise less than RMB1.5 billion to invest in construction of two projects
2020-04-03 11:57:52 [Print]
On the evening of April 2nd, HC Semitek disclosed the private stock offering plan
. It will issue stocks to no more than 35 specific objects who meet CSRC rules, and the total amount of funds to be raised is not more than RMB1 . 5 billion (USD211 . 80 million). After deducting the issuance fee, the company will use the remaining funds in the R&D and manufacturing project of Mini/Micro LED and the R&D and manufacturing project of GaN power electronic devices in priority order.