Yangtze Memory parent firm gets $222 million investment, valuation exceeds $22.4 billion

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Yangyuan Beverage announced yesterday that its subsidiary, Quanhong Investment, has made a capital injection of 1.6 billion yuan ($222 million) into Yangtze Memory Group. Following this investment, Quanhong Investment will hold a 0.99% stake in the Yangtze Memory Group, which is now valued at around RMB 161.61 billion ($22.4 billion…
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作者 gocpmall