WeLink Green Ecology (001267.SZ) announced that on September 29, 2024, the company entered into an agreement with Wuhan Junheng Technology...
Zhitong Finance APP News, WeLink Green Ecology (001267.SZ) announced that on September 29, 2024, it signed the "Wuhan Junheng Technology Co., Ltd. Capital Increase Agreement" with Wuhan Junheng Technology Co., Ltd. (hereinafter referred to as "Wuhan Junheng"). The company plans to increase its investment in the joint venture Wuhan Junheng by way of capital increase. Before this capital increase, the company held 30% equity in Wuhan Junheng. After this capital increase is completed, the company will hold 35% of Wuhan Junheng's equity. The board of directors agreed to refer to the valuation results of Wuhan Zhonglian Assets Appraisal Co., Ltd. as of March 31, 2024, for the evaluation of all equity of Wuhan Junheng. According to the valuation report of the "Asset Valuation Report for the Valuation of the Entire Equity of Wuhan Junheng Technology Co., Ltd. Involved in the Transfer of Equity by Shareholders of Wuhan Junheng Technology Co., Ltd." (Zhonglian Evaluation Report [2024] No. 1180), the company will subscribe to Wuhan Junheng's 3.8462 million yuan registered capital with its own funds of 50 million yuan.
Wuhan Junheng focuses on the R&D and production of optical communication products. This capital increase is based on the business development needs of Wuhan Junheng, further promoting the expansion of Wuhan Junheng in the field of optical modules. This capital increase is in line with the company's strategic development needs and strategic development plans. It will have a positive impact on the company's sustainable development and profitability, benefiting the interests of the company and all shareholders.