Recently, Tianlong Optoelectronics announced that in order to further increase investment in R&D and manufacturing, the Board of Directors unanimously approved the capital increase of Jiangsu Zhonghao Semiconductor Equipment Co., Ltd. (hereinafter referred to as “Jiangsu Zhonghaoâ€).
The capital increase is funded by Xinjiang Xinhui Equity Investment Co., Ltd. ("Xinjiang Xinhui"), Changzhou Longcheng Yingcai Venture Capital Co., Ltd. ("Longcheng Yingcai"), Changzhou Equity Exchange ("Changzhou Stock Exchange") Capital increase of RMB 10 million for subscription.
Among them, 3,385,600 yuan was included in the registered capital, and the difference between the subscription capital and the registered capital of RMB 6,614,400 was included in the company's capital reserve. After the capital increase, the registered capital of Jiangsu Zhonghao increased from RMB 98,183,500 to RMB 10,561,900.
According to the announcement, Jiangsu Huasheng Tianlong Optoelectronic Equipment Co., Ltd., Huasheng Optoelectronic Equipment (Hong Kong) Co., Ltd., Jiayu Optoelectronic Technology (Hong Kong) Co., Ltd. and Reed Investment Management (Shanghai) Co., Ltd. gave up the priority right of this capital increase.
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