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CRRC subsidiary to invest up to 946M yuan in power module capacity in Yixing · Endata

◂ Announcements

Semiconductors and Industrial Electronicsworld trade 2024+6.8% 5Y CAGR

Aug 23, 2024INVESTMENTYixing, China

CRRC subsidiary to invest up to 946M yuan in power module capacity in Yixing

CRRC Corporation's board approved on 23 August 2024 an investment of no more than 9.46 billion yuan by its subsidiary Zhuzhou CRRC Times Semiconductor to build medium- and low-voltage power module capacity in Yixing, China.

Value

$132.0M (946.0M CNY)

Status

Announced

Productsmedium- and low-voltage power modules

CompaniesCRRC Corporation Zhuzhou CRRC Times Semiconductor

Sectors#Semiconductors and Industrial Electronics

“董事会同意公司全资子公司中车株洲电力机车研究所有限公司下属株洲中车时代电气股份有限公司的控股子公司株洲中车时代半导体有限公司实施中低压功率组件产能建设(宜兴)项目，项目投资总额不超过9.46亿元。”beta.zhitongcaijing.com

1 source
beta.zhitongcaijing.com中国中车(01766)：株洲中车时代半导体拟实施中低压功率组件产能建设(宜兴)项目Aug 23, 2024

Summarized from public sources; check the original articles before acting on it.

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