Shanghai Didi Integrated Circuit Design Co., Ltd. announced that it expects to receive CNY 507.504841 million in funding from Dioo Microcircuits Co., Ltd. Jiangsu
August 23, 2022
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Didi Integrated Circuit Design Co., Ltd. announced that it has received CNY507.504841 million in an equity round of funding by returning investor, Dioo Microcircuits Co., Ltd. Jiangsu on August 24, 2022. The company's Board approval and regulatory approval has been reviewed and approved by the company's board of directors and the board of supervisors. The requirements of laws and regulations held the thirteenth meeting of the first board of directors and the eighth meeting of the first board of supervisors. Post closing, the investor will retain its 100% stake in the company.
On same date, the company announced the adjusting to use the raised funds to Increase Capital in Wholly-owned Subsidiaries to Implement Raised Funds Investment Projects.
On September 19, 2022, the company has received 14th meeting of the first board of directors and the ninth meeting of the first board of supervisors.
Dioo Microcircuits Co Ltd Jiangsu is a China-based company mainly engaged in the research and development, design and sales of analog chips. The Company's products are mainly divided into two series: signal chain analog chips and power management analog chips. The Signal chain analog chips can be divided into amplifiers, comparators, analog-to-digital/digital-to-analog converters and various interface and switch products. The power management analog chips include low-voltage high-power density power management chips and high-power power conversion and management chips. The Company's products are mainly used in consumer electronics, automotive electronics, smart light-emitting diode (LED) lighting, communication equipment, industrial control and security, and medical equipment.
Shanghai Didi Integrated Circuit Design Co., Ltd. announced that it expects to receive CNY 507.504841 million in funding from Dioo Microcircuits Co., Ltd. Jiangsu