MEMSensing Microsystems (Suzhou, China) Co., Ltd. announced that it has received CNY 126.19996 million in funding from CITIC Securities Company Limited, Caitong Fund Management Co., Ltd., Shanghai Linxin Investment Management Company, Nuode Asset Management Co., Ltd., First State Cinda Fund Management Company Limited
November 21, 2023
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On November 22, 2023, MEMSensing Microsystems (Suzhou, China) Co., Ltd. closed the transaction. The company will now issue not more than 2,294,962 A shares for the gross proceeds of CNY 126,199,960.38. The company paid the issuance fee of CNY 3,131,524.77 and net raised funds is CNY 123,068,435.61.
The transaction has been approved by the Chinese Securities Regulatory Commission with License [2023] No. 2504 and is valid for 12 months.
Memsensing Microsystems Suzhou China Co Ltd is a China-based company mainly engaged in the design, research, development and sales of semiconductor chips. The Company's main product lines include micro-electro-mechanical system (MEMS) microphones, MEMS pressure sensors and MEMS inertial sensors. Its products are mainly used in consumer electronics products such as smart phones, tablet computers, notebook computers, wearable devices and smart homes. The Company mainly conducts its businesses in the China market.
MEMSensing Microsystems (Suzhou, China) Co., Ltd. announced that it has received CNY 126.19996 million in funding from CITIC Securities Company Limited, Caitong Fund Management Co., Ltd., Shanghai Linxin Investment Management Company, Nuode Asset Management Co., Ltd., First State Cinda Fund Management Company Limited
MEMSENSING MICROSYSTEMS (SUZHOU, CHINA) CO., LTD. 
