Huacan Optoelectronics (300323) announced on August 28th that according to the “Proposal on Capital Increase of wholly-owned Subsidiaries†reviewed and approved at the 4th meeting of the second board of directors held by Huacan Optoelectronics on August 12, 2014, the company intends to Huacan Optoelectronics (Suzhou) Co., Ltd., a wholly-owned subsidiary, increased its capital by RMB 60 million to meet the construction needs of the “First Phase Project of LED Epitaxial Chip Construction of Huacan Optoelectronics (Suzhou) Co., Ltd.â€. After the capital increase, the registered capital of the subsidiary increased from 540 million yuan to 600 million yuan.
On August 27, 2014, Huacan Optoelectronics (Suzhou) Co., Ltd. completed the registration procedures for industrial and commercial changes, and obtained the Business License for Enterprise Legal Persons issued by the Suzhou Zhangjiagang Administration for Industry and Commerce.
On August 27, 2014, Huacan Optoelectronics (Suzhou) Co., Ltd. completed the registration procedures for industrial and commercial changes, and obtained the Business License for Enterprise Legal Persons issued by the Suzhou Zhangjiagang Administration for Industry and Commerce.
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