ZhongWei Semiconductor: Proposes to Increase Investment of 160 Million Yuan in Zhuhai Boya to Acquire 20% Stake

MetaMuskRat · 2026-03-22T09:10:23+00:00

Zhongwei Semiconductor plans to invest 160 million yuan in capital increase for Zhuhai Boya, and upon completion will hold a 20% stake. Zhuhai Boya focuses on storage chip R&D and is a national high-tech enterprise. Collaboration between the two companies can enhance opportunities for wafer foundry cooperation.

MetaMuskRat

2026-03-22 09:10:23

Abstract generation in progress

People’s Financial News, March 22 — Zhongwei Semiconductor (688380) announced on March 22 that the company plans to use its own funds of 160 million yuan to increase its capital in Zhuhai Boya. After the transaction is completed, the company will hold a 20% stake in Zhuhai Boya. Zhuhai Boya is a chip design company founded with the participation of overseas returnee doctors. Established in 2014, it specializes in the research and design of storage chips such as NOR Flash. It is a national high-tech enterprise, a “Little Giant” enterprise recognized for specialization and innovation, Guangdong Province Doctor Workstation, Guangdong Engineering Center, and Guangdong Industrial Design Center. Both the company and the target company are chip design firms operating in a fabless model, relying on foundries for wafer manufacturing; if the two companies coordinate their capacity plans, it could increase overall wafer consumption and deepen collaboration opportunities with wafer foundries.

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