China's Runpeng Semiconductor hikes registered capital by $1.7b

China's Runpeng Semiconductor hikes registered capital by $1.7b

FILE PHOTO: A Chinese flag is displayed next to a "Made in China" sign seen on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration

Runpeng Semiconductor, the subsidiary of Shanghai-listed China Resources Microelectronics (CR Micro), has raised its registered capital to 15 billion yuan ($2.1 billion) from 2.4 billion yuan ($329.5 million), according to a regulatory filing dated August 16.

Edited by: Joymitra Rai

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