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AXT, Inc. Announces Up to RMB 3.67 Billion (Approximately US$545 Million) in Private Equity Financing for Subsidiary Tongmei
AXT, Inc. announced that its majority-owned subsidiary, Beijing Tongmei Xtal Technology Co., Ltd. (Tongmei), has entered into definitive agreements for a private equity financing of up to RMB 3.67 billion.
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