Aug 20, 2021 07:26 PM (GMT+8) · EqualOcean
Financial Associated Press, August 20 - Fujing technology announced that the company plans to increase the capital of RuiChuang optoelectronics together with the management team of its subsidiary RuiChuang optoelectronics. Among them, the company increased its capital by 4 million yuan in cash, and RuiChuang photoelectric management team increased its capital by 2 million yuan in total. Other former shareholders of RuiChuang optoelectronics, Fujian Institute of material structure, Chinese Academy of Sciences ("Institute of material structure") and Fujian Zhongke Jingchuang Optoelectronics Technology Co., Ltd. ("Zhongke Jingchuang") give up the priority right to increase capital. After the capital increase, the registered capital of RuiChuang optoelectronics was changed from RMB 25 million to RMB 31 million. After the capital increase, Fujing technology holds 61.29% equity of RuiChuang optoelectronics and remains the controlling shareholder of RuiChuang optoelectronics.