Puluan Semiconductor Co., Ltd announced that it expects to receive CNY 15 million in funding from Tech Semiconductors Co., Ltd.
October 25, 2021
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Puluan Semiconductor (Shanghai) Co., Ltd announced that it will raise CNY 15 million in a round of funding on October 26, 2021. The transaction will involve participation from Tech Semiconductors Co., Ltd. Post the closing, CNY 7.5 million will be added as registered capital, and CNY7.50 million will be added as capital reserve, the registered capital will increase from CNY 30 million to CNY 37.50 million. The transaction has been approved by the board of directors in investors 5th directorate and the 3rd session of it?s 5th supervisory board.
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.