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China Micro Corporation's 100 Million Yuan Capital Increase Is Ideal For Wan Lihui To Strengthen The Layout Of Pan-semiconductor Equipment

Dec 29, 2021

On December 29, China Microelectronics issued an announcement stating that the company intends to invest 100 million yuan in Shanghai Ideal Wanlihui Film Equipment Co., Ltd. (hereinafter referred to as "Ideal Wanlihui") with its own funds to subscribe for the newly-added registered capital of Ideal Wanlihui RMB 4,240,028. After the investment is completed, the shareholding ratio of China Micro-Company will increase from 3.6929% to 4.775%.

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It is reported that Ideal Wanlihui continues to be committed to the research and development of cutting-edge high-end photovoltaic equipment, extending the industrial chain on the existing basis, and providing photovoltaic and display industries with more advanced and cost-effective high-end manufacturing equipment.


And China Micro has formed a three-dimensional layout plan to expand the company's business in the future: deep cultivating the key equipment field of integrated circuits, expanding the application in the key equipment field of pan-semiconductor, and exploring opportunities in other emerging fields.


China Micro Company believes that this foreign investment is made by the company to improve its business layout. Through its investment in Ideal Wanlihui, the company is expected to form a synergistic development effect with Ideal Wanlihui in the field of pan-semiconductor key equipment. The occurrence of this matter has its own reasons. Necessity and rationality are in line with the company's future strategic development direction and have positive strategic significance.