# 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.

- Type: Investment
- Announced: 2024-08-23
- Where: Yixing, China
- Value: $132.0M (946.0M CNY)
- Status: announced
- Products: medium- and low-voltage power modules
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [CRRC Corporation](https://endata.com/companies/16350.md)
- [Zhuzhou CRRC Times Semiconductor](https://endata.com/companies/65456.md)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1169574.html), 2024-08-23: "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。"

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