SHE:300323

2 stories mentioning SHE:300323Updated just now

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BOE HC Semitek Plans to Raise 998 Million Yuan From Share Placement

BOE HC SemiTek (SHE:300323) plans to raise 998 million yuan from a share placement to supplement its working capital, according to a Shenzhen bourse filing on Thursday.Shares of the Chinese producer of light-emitting diode or LED epitaxial wafers and chips dropped 8% at the close of Friday's trade.Details of the plan, such as the price and the number of shares for placement, is yet to be finalized and it is still subject to regulators' approvals.

SHE:300323

Asia2h ago

BOE HC SemiTek Subsidiary to License MLED Patents for 53 Million Yuan

BOE HC SemiTek (SHE:300323) subsidiary Suzhou Jingxin will enter a 10-year patent license agreement with controlling shareholder BOE Technology Group for MicroLED-related patents.Total fees for the related-party transaction are 52.9 million yuan, payable in installments, according to a Thursday filing with the Shanghai bourse.The deal aims to strengthen Suzhou Jingxin's technological foundation and support market expansion.Shares of the semiconductor and optoelectronics company closed 8% lower Friday.

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