Jingyuntong makes huge capital increase in Leshan Semiconductor

Beijing Jingyuntong (601908) announced that in order to enhance the financial strength of Leshan Semiconductor and optimize its asset-liability structure, the company will increase its capital by RMB 114,955.00 million. As of December 31, 2023, Leshan Semiconductor has total assets of RMB 312,136.42 million, total liabilities of RMB 294,278.23 million, net assets of RMB 17,858.19 million, and an asset-liability ratio of 94.28%.