YMTC lands US$1.3B funding as financials reveal post-Unigroup fallout

Digitimes
Apr 29, 2025, 3:31 am90 pts
YMTC, one of China's leading semiconductor firms, has secured a new funding round with a CNY1.6 billion (approx. US$220 million) capital injection from Quanhong Investment, a subsidiary of Hebei Yangyuan ZhiHui Beverage. Once the deal closes, Quanhong will hold a 0.99% stake in YMTC's parent company. Yicai…

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