Tech Semiconductors Co., Ltd. announced that it has received CNY 349.999996 million in funding from UBS Investment Bank, Investment Arm, Runke Equity Investment Fund Partnership (Limited Partnership), Hanjiang Investment Holdings Co., Ltd.
March 22, 2021
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On March 23, 2021, Tech Semiconductors Co., Ltd. (SZSE:300046) closed the transaction. The company has issued 23,411,371 common share at a price CNY 14.95 per share for the gross proceeds CNY 349,999,996.45. The transaction include participation Runke (Shanghai) Equity Investment Fund Partnership (Limited Partnership) for 11,705,685 shares amounting CNY 174,999,990.75, existing invstor Hanjiang Investment Holdings Co., Ltd for 3,545,153 share amounting CNY 53,000,037.35, UBS AG for 1,672,240 common share amounting CNY 24,999,988, Zhang Bin for 1,672,240 shares amounting CNY 24,999,988 and Xu Guoxin for 4,816,053 shares amounting CNY 71,999,992.35. The company paid issuance fees of CNY 7,320,754.72.
TECH SEMICONDUCTORS CO., LTD is a China-based company mainly engaged in research, development, manufacturing and sales of power semiconductor chips and devices. The Company's main products include power thyristors, rectifiers, insulated gate bipolar transistor (IGBT), power semiconductor modules and other power semiconductor devices for industrial electrical control and power supply equipment. The company is also engaged in pan-cultural business, focusing on Internet film production and investment. The Company conducts its businesses in domestic and overseas markets.
Tech Semiconductors Co., Ltd. announced that it has received CNY 349.999996 million in funding from UBS Investment Bank, Investment Arm, Runke Equity Investment Fund Partnership (Limited Partnership), Hanjiang Investment Holdings Co., Ltd.
TECH SEMICONDUCTORS CO., LTD. 
