Jul 28, 2021 05:48 PM (GMT+8) · EqualOcean
Cathay Pacific Group announced that Xinyu Cathay Pacific, a wholly-owned subsidiary of the company, and Shanghai Kuncheng jointly established Guokun microelectronics to implement the digital electronic detonator delay control module project, aiming to become a strong domestic manufacturer of digital electronic detonator delay control module. Guokun microelectronics has a registered capital of 50 million yuan, of which Xinyu Cathay Pacific contributed 25.5 million yuan in cash, accounting for 51% of the equity; Shanghai Kuncheng contributed 24.5 million yuan in cash, accounting for 49% of the equity.

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