RS Technologies Co., Ltd.
Notice of Establishment of Subsidiary in China
Our consolidated subsidiary GRITEK plans to establish a subsidiary in Inner Mongolia Autonomous Region for the manufacturing of monocrystalline silicon. Capital investment is 400 million RMB (approximately JPY 9,084 million), with establishment scheduled for April 2026.
Key Figures
- Capital: 400 million RMB (approximately JPY 9,084 million)
- Scheduled Establishment Date: April 2026
- Equity Ratio: 100% held by GRITEK Semiconductor Silicon Materials Co., Ltd.
AI要約
Overview of Subsidiary Establishment
RS Technologies Co., Ltd. has resolved that its Chinese consolidated subsidiary GRITEK Semiconductor Silicon Materials Co., Ltd. will establish a subsidiary named "Guojing Semiconductor Materials (Baotou) Co., Ltd. (tentative name)" in the Inner Mongolia Autonomous Region, aimed at the manufacturing and sales of monocrystalline silicon and large-diameter monocrystalline silicon. The capital will be 400 million RMB (approximately JPY 9,084 million), with establishment planned for April 2026. The new subsidiary will be wholly owned by GRITEK, and the location was selected to reduce infrastructure costs such as electricity charges.
Impact on Performance and Future Outlook
The impact of this matter on consolidated results for the fiscal year ending December 2026 is expected to be minor. Specific investment and business plans will be disclosed promptly once determined. GRITEK is a consolidated subsidiary in which we hold a 40.85% stake, and owing to close personnel ties, the move is expected to enhance the group’s overall production capacity and competitiveness.
RS Technologies Co., Ltd.
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