Search
Nationalchip released a formal notice stating that the company intends to allocate RMB 60 million from the special funds earmarked for "strategic investment and acquisitions" raised through H-shares. This capital will be used to subscribe to the increased registered capital of Nanjing Youcun Technology Co., Ltd., which has a pre-investment valuation of RMB 590 million. Through this investment, Nationalchip aims to acquire an 8.3333% stake in Nanjing Youcun Technology. Nanjing Youcun Technology boasts mature R&D and mass production capabilities in NOR Flash technology. This strategic investment underscores Nationalchip's commitment to enhancing its customized support capabilities for external NOR Flash storage and strengthening its overall support system.
-
C114 Communication Network -
Communication Home
