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HTPE invests in semiconductor business

Huatai International Private Equity Fund, Huatai Securities’ Greater China-focussed private equity investment platform, has completed an investment in Jiangsu Shekoy Semiconductor New Material Co. Ltd, taking total funding in the business in this latest round to RMB1.745 billion (£213.5m).

Huatai International Private Equity Fund (HTPE), Huatai Securities’ Greater China-focussed private equity investment platform, has completed an investment in Jiangsu Shekoy Semiconductor New Material Co. Ltd, taking total funding in the business in this latest round to RMB1.745 billion (£213.5m).

Jiangsu Shekoy is a wholly-owned subsidiary of Jiangsu Yoke Technology. Since its establishment, the company has focussed on manufacturing semiconductor materials, such as precursors, photoresist, and supporting reagents. Its customers include semiconductor and display panel manufacturers around the globe. 

This new investment is supported by a group of industrial and strategic investors to help further improve the company’s competitiveness and expand local production capacity. 
 

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