Lianjian Optoelectronics plans to increase the capital of 20 million yuan to its wholly-owned subsidiary

Gaogong LED was informed that the Board of Directors of Lianjian Optoelectronics reviewed and approved the “Proposal on the Promotion of the Deputy General Manager” on January 11, 2012, and “Invested in and Increased the Capital of Shenzhen Dishida Optoelectronic Engineering Co., Ltd., a wholly-owned subsidiary”. Proposal on Business Scope and Work Plan on Special Activities for Corporate Governance.

According to the announcement of Lianjian Optoelectronics, according to the needs of the company's strategic development, the positioning of the wholly-owned subsidiary Shenzhen Dishida Optoelectronic Engineering Co., Ltd. was changed from lighting application products and sales platform to related to the company's main business and its upstream and downstream business. Investment platform, focusing on the downstream business projects of the company, driving the company's business growth. Therefore, Lianhe Optoelectronics intends to increase its capital by using its own funds of 20 million yuan.

After the capital increase is completed, the registered capital and paid-up capital of the company will be changed to 30 million yuan. The business scope is adjusted to: direct investment in industrial development, project investment, investment management (finally subject to industrial and commercial registration); name changed to: Shenzhen Lianjian Optoelectronics Investment Co., Ltd. (finally subject to industrial and commercial registration), downstream of key investment companies The business project, at the same time authorized Mr. Liu Hujun, the chairman of the board of directors, is responsible for the related matters of Dishida's capital increase, business scope and name change, and signs relevant legal documents.

It is reported that Dishida's main financial indicators (unaudited) on November 30, 2011: total assets of 9,904,900 yuan, total liabilities of 43,100 yuan, net assets of 9,861,800 yuan, operating income of 12,200 yuan, net profit - 634,800 yuan And the main financial indicators (audited) on December 31, 2010: total assets of 10,055,300 yuan, total liabilities of 29,900 yuan, net assets of 10,052,400 yuan, operating income of 8,851,200 yuan, net profit of -53,600 yuan.

In addition, the Board of Directors agreed to hire Mr. Jian Yong, Mr. Gao Bingqi and Mr. Wang Yijian as the deputy general manager of the company.

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