HuaWei Group: Plans to invest 1 billion RMB in Rongxin Semiconductor in cash.

HuaWei Group announcement: the company plans to increase its capital in Rongxin Semiconductor (Ningbo) Co., Ltd. by RMB 1.0 billion in cash in order to hold approximately RMB 321.8 million of its registered capital. Based on the capital increase size of RMB 4.0 billion for this round, after the completion of this capital increase, the company expects to hold a proportion of about 5.88% of its registered capital.

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