Will Nanjing Gaoguang Semiconductor go bankrupt?

Nanjing Gaoguang Semiconductor Materials Co., Ltd. was established on 20 13, located in Nanjing, Jiangsu Province, and is an enterprise focusing on research and experimental development. On May 25, 2023, Nanjing Gaoguang Semiconductor Materials Co., Ltd. completed the industrial and commercial change, and Xiamen TCL Technology Industry Investment Co., Ltd., a wholly-owned subsidiary of TCL Technology, became the new shareholder of the company. After completing a new round of financing, it will not go bankrupt, but will only get better and better.