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BIWIN Storage Unveils Plans for Sustained Joint Investment in Xingyun Integrated Circuits alongside Affiliated Entities
6 hour ago /
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Author：小编
BIWIN Storage has officially declared that its wholly-owned subsidiary, Hainan Nanbaisuan, is set to collaborate with affiliated individuals Xu Linxian and He Han in a joint capital infusion into Beijing Xingyun Integrated Circuits Co., Ltd. The respective contributions will amount to RMB 10 million, RMB 5.95 million, and RMB 4.05 million. Post-capital increase, Hainan Nanbaisuan, Xu Linxian, and He Han will secure equity positions of 1.7141%, 0.6387%, and 0.7570% in Xingyun, correspondingly. This transaction, classified as a related-party deal with a total value of RMB 10 million, does not qualify as a significant asset restructuring.
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