-+ 0.00%
-+ 0.00%
-+ 0.00%

China Holdings (603903.SH) plans to establish joint ventures with related parties to develop semiconductor equipment business

Zhitongcaijing·07/24/2026 12:01:24
Listen to the news

Zhitong Finance App News, China Holdings (603903.SH) announced that in order to enhance the company's overall competitiveness and seize new productivity development opportunities, the company plans to jointly invest and establish a joint venture with the controlling shareholder Shandong Yuexin Electronic Technology Co., Ltd. (“Yuexin Electronics”), a wholly-owned subsidiary of Jiangsu Xinchangzheng Microelectronics Group Co., Ltd. The joint venture mainly carries out semiconductor equipment business, with a registered capital of 100 million yuan. The company and Yuexin Electronics hold 51% and 49% of the joint venture's shares respectively. The company is the controlling shareholder of the joint venture, and the two sides plan to pay the capital in installments within three years after the establishment of the joint venture.