HG Semiconductor Limited (HK:6908) has released an update.
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HG Semiconductor Limited has terminated a Capital Injection Agreement due to the investor’s inability to fulfill the second payment of RMB45 million. The adjustment in shareholding as a result of this termination affects the equity interests of various stakeholders, with Swift Power’s stake increasing to 61.61% and the Investor’s stake decreasing to 5.21%. This development may influence the company’s future financial strategies and investor relations.
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