CRRC Times Electric’s semiconductor unit bags over $597m equity funding

CRRC Times Electric’s semiconductor unit bags over $597m equity funding

Image Source: Guotai Junan Securities' official WeChat account.

Zhuzhou CRRC Times Semiconductor, the controlling subsidiary of trains and electric vehicle systems manufacturer Zhuzhou CRRC Times Electric, has raised around 4.3 billion yuan ($597.3 million) in an equity financing round. 

Edited by: Joymitra Rai