FERROTEC HOLDINGS CORPORATION March 17, 2022
(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
"Notice of Fourth Issuance of New Shares through Third-Party Allotment by Subsidiary that Manufactures Insulated Heat
Dissipating Substrates for Power Semiconductors," which was disclosed on March 16, 2022, included some errors regarding outline of Ferrotec (Jiangsu) Semiconductor Technology Co., Ltd. (hereinafter "FTSJ"), a subsidiary that manufactures insulated heat dissipating substrates for power semiconductors, overview of the third-party allotment and the allottees.
Accordingly, we would like to correct them with this document.
(Before correction) The underlined parts are the corrected 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 December 31, 2022
(1) | Name | Ferrotec (Jiangsu) Semiconductor Technology Co., Ltd. (FTSJ) | ||
(2) | Address | 18 Hongda Road, Chengdong New District, Dongtai City, Jiangsu Province, China | ||
(3) | Title and name of Representative | He Xian Han, Representative Director | ||
(4) | Contents of business | Manufacture and sale of power semiconductor substrates | ||
(5) | Capital | 344,689,000 yuan (approx. 6.3 billion yen) *1 Chinese yuan = 18.36 yen | ||
(6) | Date of establishment | March 16, 2018 | ||
(7) | Major shareholders and shareholding ratio | Shareholder Shanghai Shenhe Thermo-Magnetics Electronics Co., Ltd. (abbr.: FTS) | Current shareholding ratio | After third-party allotment 60.6% |
66.69% | ||||
(8) | Relationship between FTSJ and the company | Capital relationship | FTSJ is a subsidiary 66.69% of whose voting rights are held by FTS, a consolidated subsidiary of the Company. | |
Personnel relationship | The representative director and president of the Company concurrently serves as director of the subsidiary. | |||
Business relationship | Nothing is applicable. |
4. Overview of the third-party allotment
(1)
(2)Issue price per share Total contribution amount
14.48 yuan/yuan of capital (approx. 266 yen) *1 Chinese yuan = 18.36 yen
500,000,000 yuan (approx. 9.2 billion yen)
Settlement date
In April 2022 (schedule under consideration)
(5)
Increased capital Registered capital after third-party allotment
34,469,000 yuan (approx. 600 million yen)
379,158,000 yuan (approx. 7 billion yen)
Ownership ratio of each allocatee
No. 1 Guangdong Core Future Phase I Private Equity Investment Fund Partnership (Limited Partnership)
0.73%
No. 2 Jiaxing Linhan Equity Investment Partnership (Limited
0.73%
Partnership)
No. 3 Zhuji Dongzheng Linhang Equity Investment Partnership (Limited Partnership)
No. 4 Shanghai Pudong Haiwang IC Industry Private Equity Fund Partnership (Limited Partnership)
No. 5 Shanghai Guoce Green Technology Manufacturing Private Investment Fund Partnership (Limited Partnership)
No. 6 Lanxi Puhua Haoyang Equity Investment Partnership (Limited Partnership)
No. 7 Yangtze River Delta (Jiashan) Equity Investment Partnership Enterprise
No. 8 Jiaxing Bohan Chengde Equity Investment Partnership Enterprise (Limited Partnership)
No. 9 Neijiang Xinhan'an Industrial Development Investment Co., Ltd. No. 10 Jiaxing Jinguan No.2 Equity Investment Partnership (Limited Partnership)
No. 11 Shanghai pudong intelligent manufacturing private equity fund phase 1 (limited partnership)
No. 12 Qingdao Chaoyi Equity Investment Partnership (Limited Partnership)
No. 13 Changzhou Hongxin Venture Capital Partnership (Limited Partnership)
No. 14 Hangzhou Yinxinye Equity Investment Partnership Enterprise (Limited Partnership)
No. 15 Advanced Manufacturing Industry Investment Fund Phase II No. 16 Guangfa Qianhe Investment Co., Ltd.
No. 17 Qingdao Yuxin Equity Investment Partnership (Limited Partnership)
No. 18 Ningbo Meishan Free Trade Port Xinxi Venture Capital 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
0.36%
1.09%
0.55%
0.55%
0.91%
0.55%
0.18% 0.18%
0.18%
0.18%
0.55%
0.55%
1.45% 0.36% 0.18%
0.18%
No. 1 | No. 2 | ||
(1) | Company name | Guangdong Core Future Phase I Private Equity Investment Fund Partnership (Limited Partnership) | Jiaxing Linhan Equity Investment Partnership (Limited Partnership) |
(2) | Capital | 10 million yuan | 10 million yuan |
(3) | Date of establishment | July 2,2021 | December 29, 2021 |
(4) | Major shareholders and shareholding ratio | Jinggangshan Xiazhi Equity Investment Partnership (Limited Partnership): 27.29% Huangpu Investment Holding (Guangzhou) Co., Ltd.: 15.37% Knowledge City (Guangzhou) Financial Services Co., Ltd.: 14.78% Guangzhou Shiyuan Electronic Technology Company Limited: 9.85%, etc. | Pan Jia Yi: 99.95% Shanghai Core Investment Management: 0.05% |
(5) | Representative | Shanghai Xingcheng Investment | Shanghai Core Investment |
Management Co., Ltd.
Management
(Representative: Chen Xiao Fei) Investment management and asset
(6)Contents of business
(Representative: Li Ya Jun) Investment in shares and investment in
management | businesses |
There are no capital, personnel, or | There are no capital, personnel, or |
business relationships. | business relationships. |
The company does not belong to related | The company does not belong to related |
parties. | parties. |
40 million yuan | 40 million yuan |
(730 million yen) | (730 million yen) |
*1 Chinese yuan = 18.36 yen | |
*1 Chinese yuan = 18.36 yen | |
Shanghai Guoce Green Technology | |
Lanxi Puhua Haoyang Equity Investment | |
Manufacturing Private Investment Fund | |
Partnership (Limited Partnership) | |
Partnership (Limited Partnership) | |
881 million yuan | 97.41 million yuan |
July 30, 2021 | June 22, 2020 |
Hainan Huaquan Enterprise | Xu Guo Hai: 12.32% |
Management Co., Ltd.: 20.43% | Ding Fu Ying: 10.27% |
Relationship between
(7)
FTSJ and the companies
No. 3 | No. 4 | ||||
(1) | Company name | Zhuji Dongzheng Linhang Equity Investment Partnership (Limited Partnership) | Shanghai Pudong Haiwang IC Industry Private Equity Fund Partnership (Limited Partnership) | ||
(2) | Capital | 310 million yuan | 1,880 million yuan | ||
(3) | Date of establishment | September 1 ,2020 | June 3, 2021 | ||
(4) | Major shareholders and shareholding ratio | Shanghai Orient Securities Capital Investment Co., Ltd.: 19.52% Zhejiang Linhang Investment Co., Ltd.: 19.35% Zhuji State Owned Capital Investment Holding Co., Ltd.: 19.35% Shanghai Youyuan Investment Management Co., Ltd.: 16.13%, etc. | Shanghai Pudong Science and Technology Innovation Investment Fund Partnership (Limited Partnership): 26.60% Zhejiang Weiwei Equity Investment Co., Ltd.: 21.28% Shanghai Pudong Innotek Capital Co., Ltd.: 19.68% Xingzheng Capital Management Co., Ltd.: 10.64%, etc. | ||
(5) | Representative | Shanghai Orient Securities Capital Investment Co., Ltd. (Representative: Jin Wen Zhong) | Shanghai Pudong Fuwang Integrated Circuit Center | ||
(6) | Contents of business | Investment i start-ups, so service and c | Investment in shares, investment in socioeconomic consulting | nvestment in ic consulting management | Investment in shares through private placement funds, invest management and asset management |
service and corporation management | |||||
consulting | |||||
(7) | Relationship between FTSJ and the companies | There are no capital, personnel, or business relationships. The company does not belong to related parties. | There are no capital, personnel, or business relationships. The company does not belong to related parties. | ||
(8) | Contribution amount | 20 million yuan (370 million yen) | 60 million yuan (1.1 billion yen) |
Date of establishment Major shareholders and shareholding
No. 5
No. 6
ratio
(5)Representative
(6)Contents of businessRelationship between
(7)
FTSJ and the companies
*1 Chinese yuan = 18.36 yen
Capital
(2) (3)
(4)Major shareholders and shareholding ratio
Shanghai Yihong Enterprise Management Consulting Partnership
(Limited Partnership): 17.03% Shanghai Jingmin Enterprise Management Center (limited
Partnership): 11.35% Shanghai Jiekun development Co., Ltd.:
11.35%, etc.
Shanghai Guoce Investment
Management Co., Ltd.
(Representative: Lu Zi Ye) Investment in shares through private equity funds, investment management, asset management, etc.
There are no capital, personnel, or business relationships.
The company does not belong to related parties.
30 million yuan (550 million yen)
No. 7
Yangtze River Delta (Jiashan) Equity Investment Partnership Enterprise
1,217.18 million yuan
March 4, 2021
China Cinda Asset Management Co.,
Ltd.: 32.86%
Jiashan County Financial Investment
Co., Ltd.: 24.65% Zhejiang Longsheng Group Co.,Ltd.:
16.43%
Shanghai Yangqian Enterprise Management Consulting Partnership: 16.43%, etc.
Shanghai Lingang Sci-Tech Innovation
Equity Investment Fund, Co., Ltd.
(Representative: Wu Jian Ping) Investment in shares and investment in start-ups
Hangzhou Perspective Investment
Management Partnership: 10.27% Zhejiang Huaxia Project Management
Co., Ltd.: 10.27%, etc.
Hangzhou Puyang Investment
Management Co., Ltd. (Representative: Wu Yi Hui)
Investment in sharesThere are no capital, personnel, or business relationships.
The company does not belong to related parties.
10 million yuan (180 million yen)No. 8
Jiaxing Bohan Chengde Equity Investment Partnership Enterprise
(Limited Partnership)
200 million yuan October 25, 2021
Cheng Yi Fan: 99.99%, etc.
Hangzhou Borhan Assets Management
Co., Ltd.
(Representative: Yao Yi Zhe) Investment in shares and related consulting services
There are no capital, personnel, or business relationships.
The company does not belong to related parties.
There are no capital, personnel, or business relationships.
The company does not belong to related parties.
50 million yuan (920 million yen)
30 million yuan (550 million yen)
No. 9 | No. 10 | ||
(1) | Company name | Neijiang Xinhan'an Industrial | Jiaxing Jinguan No.2 Equity Investment |
(2) (3)
Capital
(4)
Date of establishment Major shareholders and shareholding ratio
(5)RepresentativeRelationship between
(7)
FTSJ and the companies
*1 Chinese yuan = 18.36 yenDevelopment Investment Co., Ltd.
100 million yuan March 11, 2022
Neijiang New Area Investment Development Co., Ltd: 100%
Chen Jie
Investment and asset management service
There are no capital, personnel, or business relationships.
The company does not belong to related parties.
10 million yuan (180 million yen)
Partnership (Limited Partnership)
50 million yuan
October 25, 2021 Wang Zhi Xiang: 99% Shanghai Jinguan Investment
Management Co., Ltd.: 1% Shanghai Jinguan Investment
Management Co., Ltd. (Representative: Wang Zhi Xiang)
Investment in sharesThere are no capital, personnel, or business relationships.
The company does not belong to related parties.
10 million yuan (180 million yen)
No. 11 | No. 12 | ||||
(1) | Company name | Shanghai pudong intelligent manufacturing private equity fund phase 1(limited partnership) | Qingdao Chaoyi Equity Investment Partnership (Limited Partnership) | ||
(2) | Capital | 1,001 million yuan | 10.3 million yuan | ||
(3) | Date of establishment | August 27, 2021 | February 26, 2021 | ||
(4) | Major shareholders and shareholding ratio | Shanghai Pudong Science and Technology Innovation Investment Fund Partnership: 49.95% Shanghai Harbour City Development (Group) Co., Ltd.: 14.99% Taizhou Hongtong Enterprise Management Center (Limited Partnership): 14.99% Yancheng Oriental Investment & Development Group Co., Ltd.: 9.99%, etc. | Wu Hong Bin: 97.09% Shanghai Ruixia Private Equity Fund Management Co., Ltd.: 2.91% | ||
(5) | Representative | Shanghai Sheng'ang Investment Management Co., Ltd. (Representative: Tang Wen Kan) | Shanghai Ruixia Private Equity Fund Management Co., Ltd. (Representative: You Qin) | ||
(6) | Contents of business | Invest equity f | Investment in shares through private | private ement, | Investment and financial consulting |
equity funds, investment management, | |||||
asset management, etc. | |||||
(7) | Relationship between FTSJ and the companies | There are no capital, personnel, or business relationships. The company does not belong to related parties. | There are no capital, personnel, or business relationships. The company does not belong to related parties. | ||
(8) | Contribution amount | 10 million yuan (180 million yen) | 10 million yuan (180 million yen) |
No. 13 | No. 14 |
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Ferrotec Holdings Corporation published this content on 05 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 April 2022 05:47:02 UTC.
