Shenzhen Yanmade Technology Inc. (688312.SH) plans to invest RMB 57.222222 million in Guangdong Yiyuantong Technology Co., Ltd.
Yanmade Technology (688312.SH) announced that, based on strategic planning considerations and business development needs, the company plans to contribute RMB 57.222222 million of its own funds to subscribe to RMB 7.079038 million of the newly added registered capital of Guangdong Yiyuantong Technology Co., Ltd. ("Yiyuantong"). Upon completion of the capital increase, it will hold a 10% equity interest in Yiyuantong.
Shenzhen Yanmade Technology Inc. (688312.SH) has announced that, based on strategic planning considerations and business development needs, the company plans to contribute RMB 57.222222 million of its own funds to subscribe to RMB 7.079038 million of newly registered capital in Guangdong Yiyuantong Technology Co., Ltd. ("Yiyuantong"). Upon completion of the capital increase, it will hold a 10% equity interest in the company.
The target company's main business is the research and development, production, and sales of optical communication passive component products. After the completion of this investment, the company will participate in the target company's governance through means such as appointing directors, and both parties can form two-way synergies at the technical and business levels: on the one hand, relying on its experience in optical communication device manufacturing, the target company can provide application validation scenarios for the company's inspection and automation equipment research and development, helping to improve the industry layout and accelerate the cultivation of new performance growth points; on the other hand, with its intelligent inspection and automation equipment technology, the company can help the target company complete production line upgrades, improve production yield, capacity flexibility, and industry competitiveness, achieving complementary advantages.
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