By Gabby Chen

(JW Insights) Mar 29 -- NAURA Technology (北方华创) established a new company - NAURA Microelectronics Equipment Co., Ltd(北方华创微电子装备) - in central China's Wuhan on March 24, according to the information revealed in Tianyancha (天眼查), a provider of Chinese corporation data and due diligence platform.

The newly formed company has a registered capital of RMB25 million ($3.62 million ), which is wholly owned by NAURA Technology.

Its business scope covers manufacture, sales and repair of special electronic equipment, as well as the processing of mechanical components and parts, showed Tianyancha.

Founded in 2001 and listed on the Shenzhen Stock Exchange in 2010, the Beijing-based NAURA Technology provides equipment and components for semiconductor, new energy, and new material sectors. Its products include etching machines, physical vapor deposition (PVD), atomic layer deposition (ALD), chemical vapor deposition (CVD), oxidation/diffusion furnaces, cleaning tools, and gas mass flow meters. NAURA owns four industrial manufacturing bases, according to its website.