Sanhuan Group establishes a new company including semiconductor-related business

On March 27, People’s Finance News reported that the Qichacha APP shows that recently, Honghe Sanhuan Technology Co., Ltd. was established with a registered capital of 100 million yuan. The business scope includes: manufacturing of semiconductor discrete devices; manufacturing of special equipment for semiconductor devices; sales of semiconductor discrete devices; manufacturing of semiconductor lighting devices; battery manufacturing, etc. Qichacha’s equity penetration shows that the company is wholly owned by Sanhuan Group.

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