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NationalChip: Strategic Move to Bolster Custom NOR Flash Support via Equity Acquisition in Nanjing Youcun Technology
1 day ago /
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Author：小编
NationalChip (300077.SZ) has announced its intention to allocate RMB 60 million from its dedicated fundraising initiative, earmarked for "strategic investments and acquisitions" through H-shares. This capital will be utilized to subscribe to the augmented registered capital of Nanjing Youcun Technology, which is pre-valued at RMB 590 million, thereby securing an 8.3333% equity stake. The primary objective of this investment is to fortify NationalChip's bespoke support services for external NOR Flash memory solutions and to refine its overall support framework. Nanjing Youcun Technology stands out with its well-established proficiency in the research, development, and large-scale production of NOR Flash technology.
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