Bright Power Semiconductor: Intends to Invest RMB 50 Million in Strategic Subscription of Yuexin Semiconductor's IPO
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Author:小编   

On September 23, Bright Power Semiconductor made an announcement stating its plan to engage in the strategic placement of Yuexin Semiconductor's initial public offering (IPO) as a strategic investor. The investment will be made using the company's own funds, with a subscription amount capped at RMB 50 million. According to the "Prospectus for Initial Public Offering and Listing on the Growth Enterprise Market" released by Yuexin Semiconductor on the same day, the issue price per share for this offering is set at RMB 12.01. Ultimately, Bright Power Semiconductor was allocated 4,163,197 shares, with the total subscription amount reaching RMB 49,999,995.97. The number of shares allocated to Bright Power Semiconductor represents 0.81% of Yuexin Semiconductor's total offering of 512,646,000 shares. Furthermore, it accounts for 0.14% of Yuexin Semiconductor's total share capital post-IPO (before the exercise of the over-allotment option), which amounts to 2,878,237,397 shares.