Home Mobile games Living community 5G technology Commercial street Fashion icon More

Chinese Fabless company UNISOC completed equity restructuring, promoting the IPO process

2020-07-10

Announced in May, Chinese fabless semiconductor company UNISOC has received increased capital of CNY 5 billion(around USD 715 million)and completed the equity restructuring. It is reported recently that the UNISOC IPO process on SEE STAR MARKET is steadily advancing. Based on the latest announcement of the Shanghai Stock Exchange, UNISOC completed the relevant registration formalities of change at the Industrial and Commercial Administration on June 8, with the registered capital increased from CNY 4.2 billion(USD 600 million)to CNY 4.62 billion(USD 660 million), and the equity structure also changed a lot.
The number of UNISOC shareholders increased from 7 to 31. Beijing Spreadtrum Investment is still the largest shareholder with the shareholding ratio of 38.55%, followed by the China National Integrated Circuit Industry Investment Fund, known as the Big Fund, and Intel (China), which account for 15.27% and 12.98% respectively.
According to an industry source commented, the equity structure of UNISOC is more balanced and healthy after restructuring, which is more conducive to the long-term development of UNISOC.


Disclaimer: This article is reproduced from other media. The purpose of reprinting is to convey more information. It does not mean that this website agrees with its views and is responsible for its authenticity, and does not bear any legal responsibility. All resources on this site are collected on the Internet. The purpose of sharing is for everyone's learning and reference only. If there is copyright or intellectual property infringement, please leave us a message.

Newest

Global Times: A response to Yellen’s accusations of overcapacity, flood of China cheap goods: Market economy rules should not be selectively applied

R.I.M Forms Strategic Partnerships with Multiple Top Investment & Asset Management companies

Blockchain + AI , Former OpenAI Member Ishant Singh was Appointed as BitYuan Blockchain CEO

Sunflower: The Highly Anticipated Digital Industry Incubator of 2024

Sunflower,Borderless Green Philanthropic Digital Industry Incubator

NYO3 Follows the Sustainable Fishing Principle and Work with AWR to Protect the Ecological Vitality of Antarctic Oceans

©Copyright 2009-2020 Startup Weekly    Contact Us  SiteMap