TeraHop, the subsidiary of Zhongji Xuchuang (300308.SZ) Holdings, plans to implement capital increases and stock expansion projects to absorb $517 million to optimize the equity structure

Zhitongcaijing · 11/21/2025 11:57

Zhitong Finance App News, Zhongji Xuchuang (300308.SZ) announced that the company's wholly-owned subsidiary VINCREST HOLDINGS PTE. LTD (“VINCREST” for short, a subsidiary of Suzhou Zhida Taiyue Technology Co., Ltd.), former shareholder INFIEVO Holding Pte. Ltd. (“INFIEVO”) and new shareholders Platinum Orchid B 2018 RSC Limited (“Platinum Orchid”, a wholly-owned platform indirectly owned by ADIA (Abu Dhabi Investment Authority)), Daxue Investments Pte. Ltd. (“Daxue”, a wholly-owned subsidiary of Temasek indirectly owned by Temasek), True Light Investments P Pte. Ltd. (“True Light”, an independent subsidiary directly wholly owned by Temasek) plans to invest a total of $517 million in TeraHop Pte. Ltd. (“TeraHop” for short) carried out a capital increase and subscribed for a total of 160882.72 million TeraHop common shares. After the capital increase was completed, the company passed the subsidiary Suzhou Zhida Taiyue Technology Co., Ltd. and its subsidiary VINCREST HOLDINGS PTE. The total shareholding ratio of Terahop by LTD is still 67.70%, which is the same as before this capital increase.

The investment in this transaction will be used for production capacity construction, R&D investment, and daily operations of TeraHoP, the company's holding subsidiary, and its subsidiary companies. After the transaction is completed, TeraHoP's equity structure and balance and liability situation can be optimized, thereby continuously improving its operating capacity and competitiveness.