Announcement
24 Mar 2023
In March 2023, according to consistent news and government reports, a subsidiary of Chinese company Crystal Clear Electronic Material Co received state aid worth 160 million yuan from the state-owned National Integrated Circuit Industry (IC) Investment Fund.
Source
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
1 in force
Implementation date
24 Mar 2023
Revocation date:
No revocation date
Capital injection and equity stakes (including bailouts)
In force
On 24 March 2023, according to consistent news and government reports, a subsidiary of Chinese company Crystal Clear Electronic Material Co received state aid worth 160 million yuan (USD 23.3 million)...
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