HC Semitek Corporation announced at noon that the company plans to jointly invest with its affiliate JD Crystal Technology Co., Ltd. (referred to as "Crystal Technology") to establish Zhuhai JD Crystal Technology Co., Ltd. (tentative name, subject to the registration and approval of the Market Supervision Administration, hereinafter referred to as "Zhuhai Crystal"). The registered capital of Zhuhai Crystal is expected to be RMB 607 million, of which the company plans to invest RMB 182 million, accounting for 29.98% of the registered capital, and Crystal Technology plans to invest RMB 425 million, accounting for 70.02% of the registered capital. The establishment of the proposed joint venture is in the planning stage, and the investors have not yet signed a cooperation agreement. The establishment of the joint venture company still requires registration and approval from the registration authority, and there is uncertainty.
华灿光电拟与关联方共同投资设立合资公司
hc semitek corporation plans to jointly invest with related parties to establish a joint venture.
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