BYD Semiconductor completes a capital increase of 1.9 billion yuan

On May 26, BYD issued an announcement that its subsidiary BYD Semiconductor received a capital increase of 1.9 billion yuan, reaching a valuation of 7.5 billion yuan. The investors are Sequoia Capital, China Capital Investment Group, SDIC Fund, and Himalaya Capital.

On May 26, BYD issued an announcement that its subsidiary BYD Semiconductor received a capital increase of 1.9 billion yuan, reaching a valuation of 7.5 billion yuan.

The investors are Sequoia Capital, China Capital Investment Group, SDIC Fund, and Himalaya Capital.

http://static.cninfo.com.cn/finalpage/2020-05-27/1207863603.PDF

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/27/byd-semiconductor-completes-a-capital-increase-of-1-9-billion-yuan/.

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