The announcement shows that the offering targets Datang Huijin (Suzhou) Industrial Investment Fund Partnership (Limited Partnership) and SK Hynix Semiconductor (Wuxi) Co., Ltd. Among them, Datang Huijin (Suzhou) Industrial Investment Fund Partnership ) And SK Hynix Semiconductor (Wuxi) Co., Ltd. subscribed 625,000 shares for a consideration of 10 million yuan each. After the completion of the offering, the number of shareholders of the Company was 21.
The previously announced stock plan shows that the proceeds raised will be used to replenish the subsidiary Wuxi Linli Technology Co., Ltd. and supplement the liquidity of its subsidiaries.
Understand the data from the New Third Board Research Center show that Nanlin Electronics was listed on the New Third Board on December 25, 2014. Its main business is the design and research of analog and digital mixed-type integrated circuits, providing customers with highly efficient and stable integrated circuit products In the first half of 2017, the Company achieved revenue of RMB52,883,207.63, an increase of 36.98% over the same period of last year; and net profit of RMB2,373,538.96, representing an increase of 30.39% over the same period of last year.