Xinpeng Co.'s wholly-owned subsidiary plans to invest up to 22 million yuan in Sijia Technology's private placement

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Xinpeng Co. announced that its wholly-owned subsidiary Shanghai Hanyudong Investment Co., Ltd. plans to use no more than 22 million yuan of its own funds to participate in the private placement of shares by Sijia Semiconductor Technology (Jiangsu) Co., Ltd. This matter constitutes a related-party transaction, and related director Song Lin recused himself from voting.

Impact on assets 1

Others▲
Shanghai Xinpeng Industry Co Ltd
002328
▲ PositiveCapitalrelevance

Xinpeng's wholly-owned subsidiary plans to invest up to 22 million yuan in Sijia Technology's private placement, a capital deployment/investment event.

Off-coverage companies 2

上海瀚娱动投资有限公司i
Private▲ PositiveCapitalrelevance

Shanghai Hanyudong Investment, Xinpeng's wholly-owned subsidiary, is the entity making the up-to-22-million-yuan private placement investment.

矽佳半导体科技(江苏)股份有限公司i
Private▲ PositiveCapitalrelevance

Sijia Semiconductor Technology is the issuer receiving up to 22 million yuan in private placement funding from Xinpeng's subsidiary.