Corelink Integration has declared the signing of a capital increase agreement with both Corelink Advanced and the Industrial Fund. As part of this deal, the Industrial Fund is set to augment its investment by RMB 2.004 billion, whereas Corelink Integration will contribute an additional RMB 662 million. Post-capital increase, Corelink Advanced's registered capital will surge to RMB 2.675 billion, with the Industrial Fund securing a 74.90% stake and Corelink Integration holding a 25.10% share. The fresh influx of funds will be channeled into a 12-inch automotive-grade digital-analog hybrid chip manufacturing project, which is estimated to require a total investment of around RMB 20 billion. The execution of this agreement is poised to expedite Corelink Integration's strategic positioning in the high-end analog integrated circuit chip sector, bolster its core competitiveness, and enable the company to capitalize on burgeoning opportunities in nascent industries such as AI computing power servers, new energy vehicles, robotics, and optical interconnects, thereby propelling sustained growth in its primary business endeavors.
