On March 22, Chipions Semiconductor unveiled its strategic move to expedite the growth of its memory chip sector. The company intends to inject RMB 160 million of its own capital into Zhuhai Boya Technology Co., Ltd. This investment will cover RMB 12.5 million in newly issued registered capital, with the balance of RMB 147.5 million being allocated to the capital reserve. Upon completion of the transaction, Chipions Semiconductor will emerge as a 20% equity stakeholder in Zhuhai Boya, solidifying its position as a key shareholder.
