On December 10, YNZY Germanium Technology Group issued an announcement showing that it agreed to hold its subsidiary YNXY Semiconductor Material Technology Co., Ltd. to accept Huawei Hubble Technology Investment Co., Ltd. (hereinafter referred to as "Hubble Investment") to increase its capital by RMB 30 million in currency. Yuan, the investment amount is equivalent to the registered capital of 30 million yuan.
YNXY is China's leading technology company for III-V semiconductor substrate materials. The 2-6 inch semiconductor grade and semi-insulator gallium arsenide crystals and substrates produced are widely used in nano-scale semiconductor integrated circuits and LED general lighting fields.
YNXY commercializes a 2-4 inch indium phosphide substrate production line with international advanced level. Products are widely used in microwave oscillators and amplifiers, optical fiber communication rate amplifiers and other fields.