Jinzi Ham (SHE:002515) subsidiary Jinzi Semiconductor will invest up to 174 million yuan to subscribe for 400,150 yuan of newly added registered capital in Zhongsheng Micro.
After completion, Jinzi Semiconductor will hold 19.00% of Zhongsheng Micro, according to a Friday filing with the Shenzhen bourse.
Shares of the meatpacker closed 5% lower Friday.
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