Dongjing Electronics: plans to increase capital of 7.2 million yuan to its holding subsidiaries

Announced on August 25, 2014, the company and the shareholders of Zhejiang Dongjing Bolante Optoelectronics Co., Ltd. negotiated to increase the capital of Dongjing Bolant by US$8 million. After the capital increase, the registered capital of Dongjing Bolande is US$8 million. Changed to $16 million, of which the company contributed $7.2 million with its own funds. After the capital increase, the company still holds 90% of its equity.

Dongjing Bolante was established on October 15, 2012. It is mainly engaged in R&D, production and sales of LED graphic sapphire substrates, epitaxial wafers and chips. As Dongjing Bolant is in the initial stage of development, the demand for funds is large. In the first half of 2014, the company achieved revenue of RMB 67,793,100 and net profit of RMB 1,013,800. It still does not have stable profitability. The capital increase is to enrich its capital and contribute to the business of Dongjing Bolant. The launch.

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