# Zhonghuan, Gree, Changan and others form power semiconductor JV

Tianjin Zhonghuan Semiconductor, Gree Electric Appliances, Changan Automobile, CSR Research Institute, CRRC Times Electric, Xiangtou Holdings, CRRC Electric, and CRRC New Materials jointly established Hunan Power Semiconductor Innovation Center with registered capital of CNY 500 million.

- Type: Partnership
- Announced: 2018-10-30
- Where: Hunan, China, China
- Value: $7.20M (50.0M CNY)
- Status: announced
- Products: power semiconductors
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Changan Automobile](https://endata.com/companies/5057.md) (partner)
- [Gree Electric Appliances](https://endata.com/companies/16114.md) (partner)
- [CRRC Times Electric](https://endata.com/companies/20667.md) (partner)
- [Tianjin Zhonghuan Semiconductor](https://endata.com/companies/27798.md) (partner)
- [CSR Research Institute](https://endata.com/companies/35291.md) (partner)
- [Xiangtou Holdings](https://endata.com/companies/35292.md) (partner)
- [CRRC Electric](https://endata.com/companies/35293.md) (partner)
- [CRRC New Materials](https://endata.com/companies/35294.md) (partner)

## Sources

- [m.chinaflashmarket.com](https://m.chinaflashmarket.com/news/industry/163809), 2018-11-02: "中环股份公告称,公司拟与格力电器、长安汽车、南网科研院、中车时代电气、湘投控股、时代电动、时代新材共同合资成立湖南功率半导体创新中心有限公司"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.