Chang Guang Hua Xin: Wholly-owned subsidiary Chang Guang Hua Xin Semiconductor Laser Innovation Research Institute Co., Ltd. in Suzhou has increased its capital by 8 million yuan to its affiliated party.
Chang Guang HuaXin announced that its wholly-owned subsidiary, Suzhou Chang Guang HuaXin Semiconductor Laser Innovation Research Institute Co., Ltd., intends to invest RMB 8 million to subscribe for the newly registered capital of RMB 625,000 of its related company, Suzhou Xingyuan Optoelectronic Technology Co., Ltd. After this capital increase, the research institute will hold 23.07% of the target company's equity.
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