Subsequent Events	12 Months Ended
Dec. 31, 2020
Subsequent Events
Subsequent Events	Note 19. Subsequent Events In 2020, the private equity funds had transferred approximately $48.1 million of new capital to Tongmei. An additional investment of approximately $1.5 million of new capital was funded in early January 2021. Under China regulations these investments must be formally approved by the appropriate government agency and are not deemed to be dilutive until such approval is granted. The government approved the entire approximately $49 million investment on January 25, 2021 at which time the private equity funds owned a minority interest in Tongmei of 7.28%. In January 2021, we purchased 0.55% shares of Tongmei from Beijing Bomeilian Special Ceramics Co., Ltd., previously a minority interest shareholder of BoYu, for $3.73 million. As a result of this purchase, and of the government’s approval January 25, 2021 of the private equity funds we now own 85.5% of Tongmei. In February 2021, Tongmei signed a joint venture agreement with certain investors to fund a new company, ChaoYang XinMei High Purity Semiconductor Materials Co., Ltd. (“ChaoYang XinMei”). The agreement calls for a total investment of approximately $3 million in which Tongmei will fund approximately $1.8 million for a 58.5 percent ownership of ChaoYang XinMei. In February 2021, the investors completed the initial funding of approximately $1.5 million. Tongmei’s portion of the investment was approximately $0.9 million.

Subsequent Events

12 Months Ended

Dec. 31, 2020

Note 19. Subsequent Events

In 2020, the private equity funds had transferred approximately $48.1 million of new capital to Tongmei. An additional investment of approximately $1.5 million of new capital was funded in early January 2021. Under China regulations these investments must be formally approved by the appropriate government agency and are not deemed to be dilutive until such approval is granted. The government approved the entire approximately $49 million investment on January 25, 2021 at which time the private equity funds owned a minority interest in Tongmei of 7.28%.

In January 2021, we purchased 0.55% shares of Tongmei from Beijing Bomeilian Special Ceramics Co., Ltd., previously a minority interest shareholder of BoYu, for $3.73 million. As a result of this purchase, and of the government’s approval January 25, 2021 of the private equity funds we now own 85.5% of Tongmei.

In February 2021, Tongmei signed a joint venture agreement with certain investors to fund a new company, ChaoYang XinMei High Purity Semiconductor Materials Co., Ltd. (“ChaoYang XinMei”). The agreement calls for a total investment of approximately $3 million in which Tongmei will fund approximately $1.8 million for a 58.5 percent ownership of ChaoYang XinMei. In February 2021, the investors completed the initial funding of approximately $1.5 million. Tongmei’s portion of the investment was approximately $0.9 million.