(Correction and Change of a Disclosed Item) Notice of Issuance of New Shares through Third-Party Allotment by Subsidiary that Manufactures Insulated Heat Dissipating Substrates for Power Semiconductors picture_as_pdf PDF [281.4KB]

News Release: Ferrotec Holdings Corporation	(6890 JASDAQ)
	September 24, 2021

(Correction and Change of a Disclosed Item) Notice of Issuance of New Shares through Third- Party Allotment by Subsidiary that Manufactures Insulated Heat Dissipating Substrates for Power Semiconductors

Regarding the allocatees of the allocation of new shares to third parties by Ferrotec (Jiangsu) Semiconductor Technology Co., Ltd. (hereinafter "FTSJ") announced in "Notice of Issuance of New Shares through Third-Party Allotment by Subsidiary that Manufactures Insulated Heat Dissipating Substrates for Power Semiconductors" disclosed on August 6, 2021, some allocatees requested the change and addition of allocatees and the change of allocation amounts, and we decided to accept these requests, as described below. As we examined the contents of the previous disclosure, we found some errors in the descriptions of the issue price per share, the increased capital, the registered capital after third-party allotment, and the allocatees. Accordingly, we correct them through this disclosure.

(Before correction and change) The underlined parts are the corrected and changed parts.

1. Reason and background for the third-party allotment Omitted
2. Purpose of use of the proceeds to be raised Omitted
3. Outline of FTSJ as of August 5, 2021

Omitted

4. Overviewof the third-party allotment
(1)	Issue price per share	7.0932 yuan/yuan of capital (approx. 120.58 yen)*1 Chinese yuan = 17.0 yen
(2)	Total contribution amount	445,000,000 yuan (approx. 7.57 billion yen)
(3)	Settlement date	In August 2021 (date being arranged)
(4)	Increased capital	62,736,200 yuan(approx. 1.07 billion yen)
(5)	Registered capital after	344,696,400 yuan(approx. 5.86 billion yen)
third-party allotment
		No. 1 Shanghai Shenhe Thermo-Magnetics Electronics Co., Ltd.	8.51%
		(our consolidated subsidiary)
		No. 2 Gongqingcheng Xingcheng Dongying Semiconductor Industry	1.43%
		Investment Partnership
		No. 3 Jiaxing LinYang Equity Investment Partnership, L.P.	1.02%
		No. 4 Shanghai Haiwang IP Equity Investment Fund, L.P.	0.41%
		No. 5 Jiaxing Shenmaoluhao Equity Investment Partnership Enterprise	0.41%
		No. 6 Jiaxing Bohan Piaoqi Equity Investment Partnership, L.P.	0.41%
(6)	Ownership ratio of each	No. 7 Shanghai Yuda enterprise management center, L.P.	0.82%
allocatee	No. 8 SME Development (Shaoxing) Venture Fund, LLP	0.82%
		No. 9 Shanghai Tongqi Investment Management Co., Ltd.	0.49%
		No. 10 Huzhou Ruixin Venture Capital Partnership, L.P.	0.41%
		No. 11 Fuzhou Gulou Fuleide Venture Capital Partnership, L.P.	0.20%
		No. 12 Qingdao Chaofeng Equity Investment Partnership, L.P.	0.20%
		No. 13 Shanghai Jinguan New Energy Development Fund, L.P.	0.29%
		No. 14 Shanghai Xinyu Enterprise Management Partnership, L.P.	0.20%
		No. 15 Jiaxing Yibai Venture Capital Partnership, L.P.	0.41%
		No. 16 Xiamen Kunlun Bank Asset Management Co., Ltd.	0.41%

News Release: Ferrotec Holdings Corporation	(6890 JASDAQ)
No. 17	Zhuji Zhihe Enterprise Management Partnership, L.P.	0.94%
No. 18	Lanxi Puhua Haoyang Equity Investment Partnership, L.P.	0.41%
No. 19 Jiaxing Linying Equity Investment Partnership, L.P.	0.41%

*The issue price was determined based on an evaluation of the stock's fair value by a third-party organization that is independent

from the Company and allottees, and then the shares were allotted.
5. Overview of the allottees
		No. 1	No. 2
		Shanghai Shenhe Thermo-Magnetics	Gongqingcheng Xingcheng Dongying
(1)	Company name	Semiconductor Industry Investment
Electronics Co., Ltd.
		Partnership
(2)	Capital	1,497 million yuan	1,063.5 million yuan
(25.45 billion yen)	(18.08 billion yen)
(3)	Date of establishment	May 17, 1995	August 7, 2020
			Fujian Province Jiangquan Venture
			Capital Investment Partnership (L.P.):
	Major shareholders		19.98%
		Gongqingcheng Zigui Investment
(4)	and shareholding	The Company: 100%
Partnership Corporation: 15.99%
	ratio
		Li Jian: 8.46%
			Fuzhou Mingyuan Foodstuff Processing
			Co., Ltd.: 5.27%
			GP: Gongqingcheng Xincheng Equity
(5)	Representative	He Xian Han, Representative Director	Investment Partnership
			(Representative: Chen Xiao Fei)
		Semiconductor equipment-related	Investment in semiconductor industry
		Investment in shares
(6)	Contents of business	business
Project investment
		Electronic device business
		Investment in businesses
	Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
(7)	FTSJ and the	business relationships, and the company	business relationships, and the company
	companies	does not belong to related parties.	does not belong to related parties.
(8)	Contribution amount	208 million yuan	35 million yuan
(3.54 billion yen)	(595 million yen)
*1 Chinese yuan = 17.0 yen
		No. 3	No. 4
(1)	Company name	Jiaxing LinYang Equity Investment	Shanghai Haiwang IP Equity Investment
Partnership, L.P.	Fund, L.P.
(2)	Capital	10 million yuan	475 million yuan
(170 million yen)	(8.08 billion yen)
(3)	Date of establishment	April 13, 2021	December 9, 2016
			Su Shou Chun: 21.05%
			Jiaxing Bohan Piaoqi Equity Investment
			Partnership, L.P.: 21.05%
	Major shareholders	Chen Dan Yu: 99.95%	Shanghai Yuda enterprise management
(4)	and shareholding	Shanghai Core Investment Management	center, L.P.: 14.74%
	ratio	Co., Ltd.: 0.05%	Kang Min: 10.53%
			Shanghai Zhangjiang Torch Investment
			and Development Co., Ltd: 10.53%
			Xiamen Shanglai Tianyi Technology

News Release: Ferrotec Holdings Corporation	(6890 JASDAQ)
			Partnership, L.P.: 8.42%
		GP: Shanghai Core Investment	GP: Shanghai Haiwang IP Equity
(5)	Representative	Management Co., Ltd.	Investment Fund, L.P.
		(Representative: Li Ya Jun)	(Representative: Jin Wen Zhong)
(6)	Contents of business	Investment in shares	Investment in shares
Investment in businesses
	Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
(7)	FTSJ and the	business relationships, and the company	business relationships, and the company
	companies	does not belong to related parties.	does not belong to related parties.
(8)	Contribution amount	25 million yuan	10 million yuan
(425 million yen)	(170 million yen)
*1 Chinese yuan = 17.0 yen
		No. 5	No. 6
(1)	Company name	Jiaxing Shenmaoluhao Equity	Jiaxing Bohan Piaoqi Equity Investment
Investment Partnership Enterprise	Partnership, L.P.
(2)	Capital	50.01 million yuan	100 million yuan
(850 million yen)	(1.7 billion yen)
(3)	Date of establishment	September 6, 2016	March 1, 2021
		Yangtze River Delta (Jiashan) Equity
	Major shareholders	Investment Partnership Enterprise:	Lei Ming Kuan: 99.99%
	99.98%
(4)	and shareholding	Hangzhou Borhan Assets Management
Shanghai Free Trade Zone Equity
	ratio	Co., Ltd.: 0.01%
	Investment Fund Management Co., Ltd.:
		0.02%
		GP: Shanghai Free Trade Zone Equity	GP: Hangzhou Borhan Assets
(5)	Representative	Investment Fund Management Co., Ltd.	Management Co., Ltd.
		(Representative: Wu Jian Ping)	(Representative: Yao Yi Zhe)
(6)	Contents of business	Investment in shares	Investment in shares
Investment management	Consultation services
	Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
(7)	FTSJ and the	business relationships, and the company	business relationships, and the company
	companies	does not belong to related parties.	does not belong to related parties.
(8)	Contribution amount	10 million yuan	10 million yuan
(170 million yen)	(170 million yen)
*1 Chinese yuan = 17.0 yen
		No. 7	No. 8
(1)	Company name	Shanghai Yuda enterprise management	SME Development (Shaoxing) Venture
center, L.P.	Fund, LLP
(2)	Capital	10 million yuan	885.6 million yuan
(170 million yen)	(15.06 billion yen)
(3)	Date of establishment	July 8, 2021	December 23, 2020
	Major shareholders		China IC Capital (Ningbo) Co., Ltd:
	Liu Tong: 90.00%	95.94%
(4)	and shareholding
Lu Zi Ye: 10.00%	CFT High Tech Investment Fund, L.P.:
	ratio
		4.07%
(5)	Representative	GP: Lu Zi Ye	GP: CFT High Tech Investment Fund,
L.P.
(6)	Contents of business	Corporate management	Investment in shares
Various consultation services	Investment in business establishment

News Release: Ferrotec Holdings Corporation	(6890 JASDAQ)
		Marketing
		Exhibition services
	Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
(7)	FTSJ and the	business relationships, and the company	business relationships, and the company
	companies	does not belong to related parties.	does not belong to related parties.
(8)	Contribution amount	20 million yuan	20 million yuan
(340 million yen)	(340 million yen)
*1 Chinese yuan = 17.0 yen
		No. 9	No. 10
(1)	Company name	Shanghai Tongqi Investment	Huzhou Ruixin Venture Capital
Management Co., Ltd.	Partnership, L.P.
(2)	Capital	20 million yuan	10.5 million yuan
(340 million yen)	(178 million yen)
(3)	Date of establishment	March 6, 2014	July 15, 2021
			Chen Jian Ling: 30.00%
	Major shareholders	Ling Fei Fei: 80%	Gong Hang Jun: 20.00%
(4)	and shareholding	Miao Lan Juan: 20.00%
Huang Jian Chen: 20%
	ratio	Tu Ji Min: 20.00%
			He Wei Jun: 10.00%
(5)	Representative	GP: Ling Fei Fei	Tu Ji Min
		Investment and asset management
(6)	Contents of business	Investment in businesses	Investment in business establishment
		Real estate management
	Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
(7)	FTSJ and the	business relationships, and the company	business relationships, and the company
	companies	does not belong to related parties.	does not belong to related parties.
(8)	Contribution amount	12 million yuan	10 million yuan
(200 million yen)	(170 million yen)
*1 Chinese yuan = 17.0 yen
		No. 11	No. 12
(1)	Company name	Fuzhou Gulou Fuleide Venture Capital	Qingdao Chaofeng Equity Investment
Partnership, L.P.	Partnership, L.P.
(2)	Capital	Undisclosed	100 million yuan
(1.7 billion yen)
(3)	Date of establishment	June 21, 2021	February 26, 2021
			Yan Xie Fang: 38.80%
	Major shareholders	Qian Yi Chen: 99.95%	Wu Hong Fu: 12.00%
	Liu Ze Hao: 10.00%
(4)	and shareholding	Haixia Capital Management Co., Ltd.:
Wang Li: 6.00%
	ratio	0.05%
	He Yong Gen: 5.00%
			Mo Luo Jiang: 4.00%
		GP: Haixia Capital Management Co.,	GP: Shanghai Ruixia Investment
(5)	Representative	Ltd.	Management Co., Ltd.
		(Representative: Lu Bo)	(Representative: Yuan Li)
		Investment in business establishment	Investment in business establishment
		Investment through private placement	Investment through private placement
(6)	Contents of business	funds	funds
		Investment management	Investment management
		Asset management	Asset management

News Release: Ferrotec Holdings Corporation	(6890 JASDAQ)
			Consultation on finance
	Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
(7)	FTSJ and the	business relationships, and the company	business relationships, and the company
	companies	does not belong to related parties.	does not belong to related parties.
(8)	Contribution amount	5 million yuan	5 million yuan
(85 million yen)	(85 million yen)
*1 Chinese yuan = 17.0 yen
		No. 13	No. 14
(1)	Company name	Shanghai Jinguan New Energy	Shanghai Xinyu Enterprise Management
Development Fund, L.P.	Partnership, L.P.
(2)	Capital	10.1 million yuan	10 million yuan
(170 million yen)	(170 million yen)
(3)	Date of establishment	June 28, 2018	October 20, 2020
	Major shareholders	Wang Zhi Xiang: 99.01%	Qian Hui Xing: 66.67%
(4)	and shareholding	Shanghai Jinguan Investment
Gu Jia Cheng: 33.33%
	ratio	Management Co., Ltd.: 0.99%
		Wang Zhi Xiang
(5)	Representative	Shanghai Jinguan Investment	Qian Hui Xing
		Management Co., Ltd.
		Solar power and wind power generation
		Wind power generation technology
		services	Various consultation services
(6)	Contents of business	Solar power generation technology	Exhibition services
		services	Marketing
		New energy source technology
		application services
	Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
(7)	FTSJ and the	business relationships, and the company	business relationships, and the company
	companies	does not belong to related parties.	does not belong to related parties.
(8)	Contribution amount	7 million yuan	5 million yuan
(120 million yen)	(85 million yen)
*1 Chinese yuan = 17.0 yen
		No. 15	No. 16
(1)	Company name	Jiaxing Yibai Venture Capital	Xiamen Kunlun Bank Asset Management
Partnership, L.P.	Co., Ltd.
(2)	Capital	31 million yuan	10 million yuan
(530 million yen)	(170 million yen)
(3)	Date of establishment	July 15, 2021	September 12, 2016
			Huang Wen Zeng: 28.00%
	Major shareholders	Dong Tie Zhou: 96.77%	Jin Zhi Hao: 26.00%
(4)	and shareholding	Shanghai Bochi Asset Management Co.,	Wang Hai Tao: 20.00%
	ratio	Ltd.: 3.23%	Ceng Zhi Hong: 15.00%
			Wang Wei: 11.00%
		GP: Shanghai Bochi Asset Management
(5)	Representative	Co., Ltd.	Ceng Zhi Hong
		(Representative: Dou Wei Zhong)
(6)	Contents of business	Investment in business establishment	Asset management
	Investment management
(7)	Relationship between	There are no capital, personnel, or	There are no capital, personnel, or