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AXT, Inc. Subsidiary Tongmei Enters into Private Equity Financing Agreements for Up to RMB 3,668,639,053.25
Source: Nasdaq
Company FundamentalsManagement & Governance
On October 27, 2026, AXT and its majority-owned subsidiary, Beijing Tongmei Xtal Technology Co., Ltd., entered into a Share Subscription Agreement and a Supplemental Agreement (Investor’s Rights Agreement). AXT was identified as Tongmei’s controlling shareholder; the supplied excerpt does not provide subscription terms, amounts, or investor details.
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