Chung-Hsin Electric and Machinery Manufacturing Corp. (TSEC:1513) announced that it has completed a private placement of 6,577,000 common shares at a price of TWD 50.09 per share for gross proceeds of TWD 329,441,930 on January 6, 2021. The transaction included participation from returning investor CMC Magnetics Corporation (TSEC:2323).

The operational capital of the company is TWD 6,793,598,000.