JieJie Microelectronics invests CNY 190 million in subsidiary JieJie Semiconductor

Jiangsu JieJie Microelectronics announced on 8 January 2020 it will invest CNY 190.12 million in its wholly owned subsidiary JieJie Semiconductor for a new production line for chip components and optoelectronic hybrid IC packaging and testing. The project has a total investment of CNY 230 million and a 24-month construction period.

“This use of raised funds to increase capital in the wholly owned subsidiary JieJie Semiconductor is based on the construction needs of the project 'JieJie Semiconductor New Chip Components, Optoelectronic Hybrid IC Packaging and Testing Production Line Construction Project'.”semiunion.com

• 1 source
• semiunion.com江苏捷捷微电子增资近2亿人民币给全资子公司-行业新闻-半导体联盟Jan 10, 2020

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