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

News Release: Ferrotec Holdings Corporation (6890 TSE Standard)

May 27, 2022

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

We hereby change and correct the overview of the third-party allotment and the allottees of Ferrotec (Jiangsu) Semiconductor Technology Co., Ltd. (hereinafter "FTSJ"), a subsidiary that manufactures insulated heat dissipating substrates for power semiconductors, which was accounced in "(Correction of a Disclosed Item) Notice of Fourth Issuance of New Shares through Third-Party Allotment by Subsidiary that Manufactures Insulated Heat Dissipating Substrates for Power Semiconductors" disclosed on March 17, 2022. There is no change in the total amount of capital increase.

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

1. Reason and background for the third-party allotment Omitted
2. Purpose of use of the proceeds to be raised

Omitted

1. Outline of FTSJ as of December 31, 2022Omitted
2. Overview of the third-party allotment

(1)	Issue price per share	14.5 yuan/yuan of capital (approx. 266 yen) *1 Chinese yuan = 18.36 yen
(2)	Total contribution amount	500,000,000 yuan (approx. 9.2 billion yen)
(3)	Settlement date	In April 2022 (schedule under consideration)
(4)	Increased capital	34,469,000 yuan (approx. 600 million yen)
(5)	Registered capital after	379,158,000 yuan (approx. 7 billion yen)
third-party allotment
		No.1 Guangdong Core Future Phase I Private Equity Investment Fund	0.73%
		Partnership (Limited Partnership)
		No.2 Jiaxing Linhan Equity Investment Partnership (Limited Partnership)	0.73%
		No.3 Zhuji Dongzheng Linhang Equity Investment Partnership (Limited	0.36%
		Partnership)
		No.4 Shanghai Pudong Haiwang IC Industry Private Equity Fund	1.09%
		Partnership (Limited Partnership)
		No.5 Shanghai Guoce Green Technology Manufacturing Private	0.55%
		Investment Fund Partnership (Limited Partnership)
		No.6 Lanxi Puhua Shuo Yang Xu Han Venture Capital Partnership	0.18%
		(Limited Partnership)
(6)	Ownership ratio of each	No.7 Yangtze River Delta (Jiashan) Equity Investment Partnership	0.91%
allocatee	Enterprise
		No.8 Jiaxing Bohan Chengde Equity Investment Partnership Enterprise	0.55%
		(Limited Partnership)
		No.9 Neijiang Xinhan'an Industrial Development Investment Co., Ltd.	0.18%
		No.10 Jiaxing Jinguan No.2 Equity Investment Partnership (Limited	0.18%
		Partnership)
		No.11 Shanghai pudong intelligent manufacturing private equity fund	0.18%
		phase 1 (Limited partnership)
		No.12 Qingdao Chaoyi Equity Investment Partnership (Limited	0.18%
		Partnership)
		No.13 Changzhou Hongxin Venture Capital Partnership (Limited	0.55%
		Partnership)

News Release: Ferrotec Holdings Corporation	(6890 TSE Standard)
			No.14 Hangzhou Yinxinye Equity Investment Partnership Enterprise	0.55%
			(Limited Partnership)
			No.15 Advanced Manufacturing Industry Investment Fund Phase II	1.45%
			No.16 Guangfa Qianhe Investment Co., Ltd.	0.36%
			No.17 Qingdao Yuxin Equity Investment Partnership (Limited	0.18%
			Partnership)
			No.18 Ningbo Meishan Free Trade Port Xinxi Venture Capital	0.18%
			Partnership (Limited Partnership)

*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
			Guangdong Core Future Phase I Private	Jiaxing Linhan Equity Investment
	(1)	Company name	Equity Investment Fund Partnership
	Partnership (Limited Partnership)
			(Limited Partnership)
	(2)	Capital	507.5 million yuan	10 million yuan
	(3)	Date of establishment	July 2,2021	December 29, 2021
			Jinggangshan Xiazhi Equity Investment
			Partnership (Limited Partnership):
			27.29%
		Major shareholders	Huangpu Investment Holding	Pan Jia Yi: 99.95%
		(Guangzhou) Co., Ltd.: 15.37%
	(4)	and shareholding	Shanghai Core Investment
	Knowledge City (Guangzhou) Financial
		ratio	Management: 0.05%
		Services Co., Ltd.: 14.78%
			Guangzhou Shiyuan Electronic
			Technology Company Limited: 9.85%,
			etc.
			Shanghai Xingcheng Investment	･Shanghai Core Investment
	(5)	Representative	Management Co., Ltd.	Management
			(Representative: Chen Xiao Fei)	(Representative: Li Ya Jun)
	(6)	Contents of business	Investment management and asset	Investment in shares and investment in
	management	businesses
		Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
		business relationships.	business relationships.
	(7)	FTSJ and the
	The company does not belong to related	The company does not belong to related
		companies
		parties.	parties.
	(8)	Contribution amount	40 million yuan	40 million yuan
	(730 million yen)	(730 million yen)
*1 Chinese yuan = 18.36 yen
			No.3	No.4
			Zhuji Dongzheng Linhang Equity	Shanghai Pudong Haiwang IC Industry
	(1)	Company name	Investment Partnership	Private Equity Fund Partnership
			(Limited Partnership)	(Limited Partnership)
	(2)	Capital	310 million yuan	1,000 million yuan
	(3)	Date of establishment	September 1 ,2020	June 3, 2021
				Shanghai Pudong Science and
			Shanghai Orient Securities Capital	Technology Innovation Investment Fund
			Investment Co., Ltd.: 19.52%	Partnership (Limited Partnership):
		Major shareholders	Zhejiang Linhang Investment Co., Ltd.:	26.60%
		19.35%	Zhejiang Weiwei Equity Investment Co.,
	(4)	and shareholding
	Zhuji State Owned Capital Investment	Ltd.: 21.28%
		ratio
		Holding Co., Ltd.: 19.35%	Shanghai Pudong Innotek Capital Co.,
			Shanghai Youyuan Investment	Ltd.: 19.68%
			Management Co., Ltd.: 16.13%, etc.	Xingzheng Capital Management Co.,
				Ltd.: 10.64%, etc.
			Shanghai Orient Securities Capital	･Shanghai Pudong Fuwang Integrated
	(5)	Representative	Investment Co., Ltd.
	Circuit Center
			(Representative: Jin Wen Zhong)

News Release: Ferrotec Holdings Corporation	(6890 TSE Standard)
			Investment in shares, investment in	Investment in shares through private
			start-ups, socioeconomic consulting
	(6)	Contents of business	placement funds, invest management
	service and corporation management
			and asset management
			consulting
		Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
		business relationships.	business relationships.
	(7)	FTSJ and the
	The company does not belong to related	The company does not belong to related
		companies
		parties.	parties.
	(8)	Contribution amount	20 million yuan	60 million yuan
	(370 million yen)	(1.1 billion yen)
*1 Chinese yuan = 18.36 yen
			No.5	No.6
			Shanghai Guoce Green Technology	Lanxi Puhua Shuo Yang Xu Han Venture
	(1)	Company name	Manufacturing Private Investment Fund	Capital Partnership
			Partnership (Limited Partnership)	(Limited Partnership)
	(2)	Capital	881 million yuan	50.01 million yuan
	(3)	Date of establishment	July 30, 2021	October 20, 2021
			Hainan Huaquan Enterprise
			Management Co., Ltd.: 20.43%
			Shanghai Yihong Enterprise	Shen Jia: 79.98%
			Management Consulting Partnership
		Major shareholders	Hangzhou Puhua Shuoyang Equity
		(Limited Partnership): 17.03%
	(4)	and shareholding	Investment Partnership: 19.99%
	Shanghai Jingmin Enterprise
		ratio	Hangzhou Puyang Investment
		Management Center (Limited
			Management Co., Ltd.: 0.02%, etc.
			Partnership): 11.35%
			Shanghai Jiekun development Co., Ltd.:
			11.35%, etc.
			Shanghai Guoce Investment	Hangzhou Puyang Investment
	(5)	Representative	Management Co., Ltd.	Management Co., Ltd.
			(Representative: Lu Zi Ye)	(Representative: Wu Yi Hui)
			Investment in shares through private
	(6)	Contents of business	equity funds, investment management,	Investment in shares
			asset management, etc.
		Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
		business relationships.	business relationships.
	(7)	FTSJ and the
	The company does not belong to related	The company does not belong to related
		companies
		parties.	parties.
	(8)	Contribution amount	30 million yuan	10 million yuan
	(550 million yen)	(180 million yen)
*1 Chinese yuan = 18.36 yen
			No.7	No.8
			Yangtze River Delta (Jiashan) Equity	Jiaxing Bohan Chengde Equity
	(1)	Company name	Investment Partnership	Investment Partnership Enterprise
			Enterprise	(Limited Partnership)
	(2)	Capital	1,217.18 million yuan	200 million yuan
	(3)	Date of establishment	March 4, 2021	October 25, 2021
			China Cinda Asset Management Co.,
			Ltd.: 32.86%
			Jiashan County Financial Investment
		Major shareholders	Co., Ltd.: 24.65%
	(4)	and shareholding	Zhejiang Longsheng Group Co.,Ltd.:	Cheng Yi Fan: 99.99%, etc.
		ratio	16.43%
			Shanghai Yangqian Enterprise
			Management Consulting Partnership:
			16.43%, etc.
			Shanghai Lingang Sci-Tech Innovation	Hangzhou Borhan Assets Management
	(5)	Representative	Equity Investment Fund, Co., Ltd.	Co., Ltd.
			(Representative: Wu Jian Ping)	(Representative: Yao Yi Zhe)
	(6)	Contents of business	Investment in shares and investment in	Investment in shares and related
	start-ups	consulting services

News Release: Ferrotec Holdings Corporation	(6890 TSE Standard)
		Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
		business relationships.	business relationships.
	(7)	FTSJ and the
	The company does not belong to related	The company does not belong to related
		companies
		parties.	parties.
	(8)	Contribution amount	50 million yuan	30 million yuan
	(920 million yen)	(550 million yen)
*1 Chinese yuan = 18.36 yen
			No.9	No.10
	(1)	Company name	Neijiang Xinhan'an Industrial	Jiaxing Jinguan No.2 Equity Investment
	Development Investment Co., Ltd.	Partnership (Limited Partnership)
	(2)	Capital	100 million yuan	50 million yuan
	(3)	Date of establishment	March 11, 2022	October 25, 2021
		Major shareholders	Neijiang New Area Investment	Wang Zhi Xiang: 99%
	(4)	and shareholding	Shanghai Jinguan Investment
	Development Co., Ltd: 100%
		ratio	Management Co., Ltd.: 1%
				Shanghai Jinguan Investment
	(5)	Representative	Chen Jie	Management Co., Ltd.
				(Representative: Wang Zhi Xiang)
	(6)	Contents of business	Investment and asset management	Investment in shares
	service
		Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
		business relationships.	business relationships.
	(7)	FTSJ and the
	The company does not belong to related	The company does not belong to related
		companies
		parties.	parties.
	(8)	Contribution amount	10 million yuan	10 million yuan
	(180 million yen)	(180 million yen)
*1 Chinese yuan = 18.36 yen
			No.11	No.12
			Shanghai pudong intelligent	Qingdao Chaoyi Equity Investment
	(1)	Company name	manufacturing private equity fund phase
	Partnership (Limited Partnership)
			1 (Limited partnership)
	(2)	Capital	1,001 million yuan	5 million yuan
	(3)	Date of establishment	August 27, 2021	February 26, 2021
			Shanghai Pudong Science and
			Technology Innovation Investment Fund
			Partnership: 49.95%
			Shanghai Harbour City Development
		Major shareholders	(Group) Co., Ltd.: 14.99%	Wu Hong Bin: 97.09%
	(4)	and shareholding	Taizhou Hongtong Enterprise	Shanghai Ruixia Private Equity Fund
		ratio	Management Center (Limited	Management Co., Ltd.: 2.91%
			Partnership): 14.99%
			Yancheng Oriental Investment &
			Development Group Co., Ltd.: 9.99%,
			etc.
			Shanghai Sheng'ang Investment	Shanghai Ruixia Private Equity Fund
	(5)	Representative	Management Co., Ltd.	Management Co., Ltd.
			(Representative: Tang Wen Kan)	(Representative: You Qin)
			Investment in shares through private
	(6)	Contents of business	equity funds, investment management,	Investment and financial consulting
			asset management, etc.
		Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
		business relationships.	business relationships.
	(7)	FTSJ and the
	The company does not belong to related	The company does not belong to related
		companies
		parties.	parties.
	(8)	Contribution amount	10 million yuan	10 million yuan
	(180 million yen)	(180 million yen)
*1 Chinese yuan = 18.36 yen
			No.13	No.14
	(1)	Company name	Changzhou Hongxin Venture Capital	Hangzhou Yinxinye Equity Investment

News Release: Ferrotec Holdings Corporation	(6890 TSE Standard)
			Partnership (Limited Partnership)	Partnership Enterprise
				(Limited Partnership)
	(2)	Capital	60.6 million yuan	301 million yuan
	(3)	Date of establishment	March 14, 2022	February 9, 2021
		Major shareholders	Zhao Shan Qi: 31.35%	Zhejiang Yuhuang Shannan Investment
		Ding Zi Wen: 6.60%	Management Co., Ltd.: 99.67%
	(4)	and shareholding
	Wang Xiao Bao: 6.60%	Zhejiang Yungu Venture Capital Co.,
		ratio
		Liu Li Feng: 6.60%, etc.	Ltd.: 0.33%
			Jiangsu Jiuzhou Venture Capital	Zhejiang Yungu Venture Capital Co.,
	(5)	Representative	Management Co., Ltd.	Ltd.
			(Representative: Tang Sheng Jun)	(Representative: Chen Xiang Ming)
	(6)	Contents of business	Investment	Investment in shares
		Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
		business relationships.	business relationships.
	(7)	FTSJ and the
	The company does not belong to related	The company does not belong to related
		companies
		parties.	parties.
	(8)	Contribution amount	30 million yuan	30 million yuan
	(550 million yen)	(550 million yen)
*1 Chinese yuan = 18.36 yen
			No.15	No.16
	(1)	Company name	Advanced Manufacturing Industry	Guangfa Qianhe Investment Co., Ltd.
	Investment Fund Phase II
	(2)	Capital	48,010 million yuan	7,103.5 million yuan
	(3)	Date of establishment	June 18, 2019	May 11, 2012
			Ministry of Finance of the People's
			Republic of China: 26.04%
		Major shareholders	State Development & Investment
		Corporation: 10.41%
	(4)	and shareholding	GF Securities Co Ltd.: 100%
	China Merchants Capital Holding
		ratio
		Limited Liability Company: 9.99%
			Hefei Venture Capital Guidance Fund
			Co., Ltd.: 6.25%
			Guotou Merchants Investment
	(5)	Representative	Management Co., Ltd.	Ao Xiao Min
			(Representative: Gao Guo Hua)
	(6)	Contents of business	Investment in shares, investment	Project investment and investment
	management and consulting	management
		Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
		business relationships.	business relationships.
	(7)	FTSJ and the
	The company does not belong to related	The company does not belong to related
		companies
		parties.	parties.
	(8)	Contribution amount	80 million yuan	20 million yuan
	(1.47 billion yen)	(370 million yen)
*1 Chinese yuan = 18.36 yen
			No.17	No.18
			Qingdao Yuxin Equity Investment	Ningbo Meishan Free Trade Port Xinxi
	(1)	Company name	Venture Capital Partnership
	Partnership (Limited Partnership)
			(Limited Partnership)
	(2)	Capital	50 million yuan	50 million yuan
	(3)	Date of establishment	November 26, 2018	March 31, 2021
		Major shareholders	Liu Kan Ru: 99%	
				Zhou Jia Chen: 99.98%
	(4)	and shareholding	Yuhao (Jiaxing) Equity Investment Co.,	Shanghai Deguan Asset Management
		ratio	Ltd.: 1%	Co., Ltd.: 0.02%
			Yuhao (Jiaxing) Equity Investment Co.,	GP: Shanghai Deguan Asset
	(5)	Representative	Ltd.	Management Co., Ltd.
			(Representative: Cai Si Zhe)	(Representative: Qian Xue Jun)
	(6)	Contents of business	Investment in shares	Investment in start-ups
	(7)	Relationship between	There are no capital, personnel, or	There are no capital, personnel, or
	FTSJ and the	business relationships.	business relationships.