Suzhou Convert Semiconductor Co., Ltd. announced that it has received CNY 100.000002 million in funding from Nanjing Bangsheng Xingong Equity Investment Fund Management Co., Ltd., Xuzhou Bangsheng Juhong Equity Investment Partnership Enterprise (Limited Partnership), Shenzhen Hewang Investment Co., Ltd., Guangdong Ganhua Science and Industry Co., Ltd., Zhangjiagang Yuefengjin Venture Capital Investment Co., Ltd.
October 18, 2021
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On October 19, 2021, Suzhou Convert Semiconductor Co., Ltd. closed the transaction. The company has completed the change of business registration of its capital increase. The transaction has approved in the 9th Meeting of the 10th Directorate of Guangdong Ganhua Science and Industry Co., Ltd.
Guangdong Ganhua Science & Industry Co Ltd, formerly Jiangmen Sugarcane Chemical Factory Group Co Ltd, is a company mainly engaged in research, development and manufacturing of tungsten alloy prefabricated fragments. The Company operates three segments. The Fragment segment provides prefabricated fragments, including tungsten posts, tungsten rings and tungsten balls. The products are used in defense technology. The Power Products segment is involved in design, production and sales of power converters for the conversion of electricity in different modes. The products are applied in various weapon platforms, such as airborne, shipborne, and ammunition. The Sugar Trading segment operates the trading of white granulated sugar.
Suzhou Convert Semiconductor Co., Ltd. announced that it has received CNY 100.000002 million in funding from Nanjing Bangsheng Xingong Equity Investment Fund Management Co., Ltd., Xuzhou Bangsheng Juhong Equity Investment Partnership Enterprise (Limited Partnership), Shenzhen Hewang Investment Co., Ltd., Guangdong Ganhua Science and Industry Co., Ltd., Zhangjiagang Yuefengjin Venture Capital Investment Co., Ltd.