On August 28th, “G20-LED Summit Member Enterprise†Huacan Optoelectronics Co., Ltd. announced that its subsidiary Huacan Optoelectronics (Suzhou) Co., Ltd. completed the registration procedures for industrial and commercial changes and obtained the change of Suzhou Zhangjiagang Administration for Industry and Commerce. The "Enterprise Legal Person Business License" issued.
It is understood that according to the “Proposal on Capital Increase of wholly-owned subsidiaries†issued by Huacan Optoelectronics Co., Ltd. on August 18, the company intends to use its own funds of RMB 50 million to Huacan Optoelectronics (Suzhou) Co., Ltd., a wholly-owned subsidiary. The capital increase will meet the construction needs of the “First Phase Project of LED Epitaxial Chip Construction of Huacan Optoelectronics (Suzhou) Co., Ltd.â€. After the capital increase, the registered capital of the subsidiary increased from 300 million yuan to 350 million yuan.
It is understood that according to the “Proposal on Capital Increase of wholly-owned subsidiaries†issued by Huacan Optoelectronics Co., Ltd. on August 18, the company intends to use its own funds of RMB 50 million to Huacan Optoelectronics (Suzhou) Co., Ltd., a wholly-owned subsidiary. The capital increase will meet the construction needs of the “First Phase Project of LED Epitaxial Chip Construction of Huacan Optoelectronics (Suzhou) Co., Ltd.â€. After the capital increase, the registered capital of the subsidiary increased from 300 million yuan to 350 million yuan.
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