TOP PAGE
ENGLISH
JAPANESE
|
CONNECT WITH US:
Home
About
Services
Contact
Log in
*
Home
Press release
May 19, 2022 18:16 JST
Source:
HG Semiconductor Limited
HG Semiconductor Introduces New Strategic Investor
Further Enhancing Shareholding Structure and Financial Position
Set to Scale New Heights in Third-generation Semiconductor Business
HONG KONG, May 19, 2022 - (ACN Newswire) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group"; stock code: 6908.HK) is pleased to announce the introduction of a new strategic investor, Wide Yield Investment Holding Limited ("Wide Yield Investment"), which supports the vision and expansion of the Group to building a world-class third-generation semiconductor industry chain platform.
Star Eagle Enterprises Limited disposed of 100,500,000 Shares (representing approximately 17.83% of the total issued shares of the Group) to Wide Yield Investment at the total consideration of HK$302,103,000. Upon completion, Wide Yield Investment and its ultimate beneficial owner has become a substantial shareholder of the Group.
The management of the Group is delighted to introduce Wide Yield Investment into HG Semiconductor as one of its major shareholders. The investment is a testament to the confidence of Wide Yield Investment in the Group's business strategies and prospects. Through strategic investor introduction, HG Semiconductor believes that its shareholding structure and financial position will be further strengthened, giving it a full play to develop and deepen its presence in gallium nitride (GaN) semiconductor sector. The Group will continue to build on its existing strengths, accelerating growth in its GaN semiconductor business, striving to generate continuous and stable returns for its shareholders in the long run.
About HG Semiconductor Limited
HG Semiconductor Limited (6908.HK) is principally engaged in semiconductor product business in China, including the design, development, manufacturing, subcontracting services and sales of light-emitting diode ("LED") beads, new generation of semiconductor gallium nitride ("GaN") chips, GaN components and related application products, as well as fast charging products. Leveraging its industry expertise in LED manufacturing, the Group is dedicated to accelerating its research and development and expansion in the application of GaN related products, with an aim to become a leading semiconductor company with the integration of design, manufacturing and sales of semiconductor chips, as well as providing total solutions with higher efficiency and competitive system cost.
For more details, please visit www.hg-semiconductor.com
Source: HG Semiconductor Limited
Sectors: Electronics
Copyright ©2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Related Press Release
HG Semiconductor Announces 2022 Annual Results
April 03 2023 09:41 JST
HG Semiconductor Announces Key Management Appointments
February 07 2023 09:26 JST
Issuance of Shares and Unlisted Warrants to GCL Technology Chairman Zhu Gongshan was Formally Approved at HG Semiconductor's Extraordinary General Meeting
December 13 2022 22:30 JST
HG Semiconductor Officially Commences Production of GaN Power Electronics Epitaxial Wafer
November 02 2022 09:00 JST
HG Semiconductor and GCL Technology Founder Mr Zhu Gongshan Officially Enters Shares Subscription and Warrants Subscription Agreements
September 30 2022 18:00 JST
HG Semiconductor Enters into Strategic Cooperation Framework Agreement with the Family Trust of GCL Technology Founder Mr. Zhu Gongshan
September 08 2022 11:00 JST
HG Semiconductor Announces 2022 Interim Results
August 30 2022 23:20 JST
HG Semiconductor Places 30 Million New Shares and Announces Subscription of 60 Million Shares and 60 Million Warrants by Founder of GCL Technology Mr. Zhu Gongshan
August 08 2022 08:30 JST
HG Semiconductor Announced Lock-up Undertakings by Shareholders
June 07 2022 17:23 JST
HG Semiconductor Enters into Cooperation Framework Agreement with China Titans Energy
June 02 2022 17:12 JST
More Press release >>
Latest Press Release
HKTDC 4Q25 Export Confidence Index: 2026 Hong Kong Export Growth of 8-9%, Sustained AI product demand lays solid foundation for future expansion
Dec 12, 2025 23:15 JST
Anime Tokyo Station: A Series of Linked Events to Be Held in Conjunction with the Anniversary Joint Exhibition
Dec 12, 2025 11:00 JST
MHI and Worley to Deliver Full-Scale Carbon Capture Facility for Heidelberg Materials UK's Padeswood Cement Works
Dec 08, 2025 17:00 JST
Honda Technical Support for Red Bull Powertrains in F1 Racing Concludes
Dec 08, 2025 16:34 JST
MHIET U.S. Subsidiary's Franklin Plant Celebrates 10th Anniversary
Dec 08, 2025 16:03 JST
Lexus World Premieres Lexus LFA Concept BEV Sports Car
Dec 05, 2025 19:13 JST
TOYOTA GAZOO Racing World Premieres GR GT & GR GT3
Dec 05, 2025 18:58 JST
TOYOTA GAZOO Racing and Lexus Hold World Premiere of GR GT, GR GT3, and Lexus LFA Concept
Dec 05, 2025 18:24 JST
World's First General Design Approval (GDA) for Developed Steel and Post-Weld Heat Treatment (PWHT) Exemption based on ECA for Low-pressure Liquefied CO2 Tank made of KF460 steel
Dec 05, 2025 18:17 JST
Hitachi at CES 2026: Building a Harmonized Society Through Technology
Dec 04, 2025 19:40 JST
Fujitsu and Scaleway partner to accelerate European sustainable transformation and data sovereignty with FUJITSU-MONAKA CPU-based AI inference
Dec 04, 2025 19:08 JST
NEC Orchestrating Future Fund Invests in PopID, Inc. to Accelerate Global Expansion of Biometric Payment Solutions and Launch a Strategic Collaboration
Dec 04, 2025 18:52 JST
Eisai Presents New Data on the Continued and Expanding Benefit of LEQEMBI(R) (lecanemab-irmb) Maintenance Treatment in Early Alzheimer's Disease at CTAD 2025
Dec 04, 2025 18:36 JST
The 26th Hong Kong Forum marks successful completion
Dec 03, 2025 22:44 JST
New Data Presented at CTAD 2025 Confirms Pharmacological Effect of LEQEMBI(R) (lecanemab-irmb) on Neurotoxic Aβ Protofibrils in CSF
Dec 03, 2025 18:19 JST
Mitsubishi Motors Launches the All-New Destinator in Vietnam
Dec 03, 2025 18:00 JST
Anime Tokyo Station: Celebrating the 25th Anniversaries of Two Popular Anime with an Anniversary Joint Exhibition Starting November 15
Dec 03, 2025 11:30 JST
Eisai Presents New Data on Anti-Tau Antibody Etalanetug (E2814) at CTAD 2025
Dec 03, 2025 00:01 JST
NEC Launches AI Agent Service in Japan to Automate Procurement Negotiations Using AI
Dec 02, 2025 23:43 JST
Fujitsu develops new technology to support human-robot collaboration
Dec 02, 2025 23:26 JST
More Latest Release >>