SHE:300302

2 stories mentioning SHE:300302Updated just now

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Toyou Feiji Electronics Subsidiaries to Sell Stakes in Shareholder of SSD Maker Memblaze

Toyou Feiji Electronics' (SHE:300302) two subsidiaries will sell their entire stakes in Shanghai Fuxi Venture Capital Center to two entities for up to 66 million yuan, according to a Friday filing with the Shanghai bourse.Hunan Tongyou Feiji Technology will sell its 80% stake, while Ningbo Meishan Bonded Port Area Tongyou Feiji Equity Investment will divest its 20% shareholding to Hangzhou Tengyue Enterprise Service and Beijing Xinju Tenghui Semiconductor Technology Partnership.Shanghai Fuxi's core asset is its 0.55% stake in solid state drive maker Beijing Yiheng Chuangyuan Technology, also known as Memblaze.

SHE:300302

Asia65d ago

Toyou Feiji Electronics Seeks Up to 996 Million Yuan Via Private Placement

Toyou Feiji Electronics (SHE:300302) looks to raise up to 995.8 million yuan from the sale of 143.8 million shares to 35 investors through a private placement, according to a Wednesday filing with the Shenzhen bourse.Proceeds will be used to fund its enterprise-level storage systems for artificial intelligence scenarios, solid-state drive smart manufacturing projects, a marketing experience center project, and for working capital.

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