Nanda Optoelectronics invested RMB 42.72 million to transfer 14.24% stake in Beijing Kehua

On the evening of September 14, Nanda Optoelectronics announced that according to its own development strategy, in order to expand the company's business field and speed up the company's development process, it plans to invest RMB 42.27 million to acquire the 14.24% stake of Beijing Kehua held by the original shareholders of Beijing Kehua. .

After that, Nanda Optoelectronics increased its capital by RMB 80 million to Beijing Kehua. After the capital increase, it held a total of 31.39% of the shares of Beijing Kehua, thus taking this investment as an opportunity to enter the photoresist field, one of the most critical materials in the integrated circuit industry.

Through this investment, Beijing Kehua will further strengthen its leading position in the domestic photoresist industry, and its products will further enhance its competitiveness in the global photoresist market. Nanda Optoelectronics can also further promote the company's strategic development by virtue of the implementation of this project, taking the lead in the development of China's IC industry materials localization, and paving the way for further exploration into other potential related industries.

At the same time, the investment in Beijing Kehua can enable Nanda Optoelectronics to quickly enter another key area of ​​integrated circuit materials, which will help to optimize the strategic layout of Nanda Optoelectronics in the photoresist industry and integrated circuit related materials.

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