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东山精密:对盐城维信增资3000万美元

Suzhou Dongshan Precision Manufacturing: Will increase investment of $30 million in Yancheng Vixin.

Breakings ·  Jun 28 22:00
Suzhou Dongshan Precision Manufacturing announced that it has decided to increase the capital of its wholly-owned subsidiary, Yancheng Weixin, by US$30 million from undistributed profits. After the capital increase, the registered capital of Yancheng Weixin will increase from US$204.99 million to US$234.99 million. The purpose of this capital increase is to meet the operational needs of Yancheng Weixin, boost its business expansion, and does not constitute affiliated transactions or significant asset restructuring. The capital increase will not have a significant impact on the Company's financial and operational performance.

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