StarPower Semiconductor Ltd Announces Plans for Convertible Bond Issuance
June 27, 2025 — StarPower Semiconductor Ltd, a leading semiconductor device manufacturer based in Jiaxing, China, has announced its intention to issue convertible corporate bonds. The company plans to raise up to 1.5 billion CNY, with the funds earmarked for several key projects. These include the manufacturing of car-grade SiC MOSFET modules, IPM modules, and the industrialization of car-grade GaN modules, as well as supplementing working capital.
The announcement was made on the Shanghai Stock Exchange, where StarPower Semiconductor is listed. The company’s shares closed at 80.76 CNY on June 26, 2025, with a market capitalization of approximately 18.67 billion CNY. Over the past year, the stock has fluctuated between a high of 118.66 CNY and a low of 66.66 CNY.
Regulatory Compliance and Future Plans
In a recent disclosure, StarPower Semiconductor confirmed that there have been no regulatory actions or penalties imposed by securities regulators or exchanges over the past five years. This underscores the company’s commitment to maintaining compliance and transparency in its operations.
Additionally, the company has outlined a shareholder return plan for the next three years (2025-2027), aiming to enhance shareholder value through strategic investments and operational efficiencies.
Investor Relations and Governance
StarPower Semiconductor has also announced the convening of its first extraordinary shareholders’ meeting in 2025. This meeting will address the issuance of convertible bonds and other strategic initiatives. The company has provided detailed reports and analyses to support the bond issuance, including feasibility studies and usage plans for the raised funds.
The board of directors and supervisory board have been actively involved in these strategic decisions, as evidenced by recent resolutions and meetings aimed at guiding the company’s future growth and ensuring robust governance practices.
For more information on StarPower Semiconductor’s offerings and financial plans, stakeholders are encouraged to visit their website at www.powersemi.cc or refer to the detailed reports available on the Shanghai Stock Exchange’s platform.
This article provides a comprehensive overview of StarPower Semiconductor Ltd’s recent financial activities and strategic plans, based on the latest available information.