Huacan Optoelectronics (300323) announced on Wednesday evening that in order to meet the construction needs of the first phase project of LED epitaxial chip construction of Huacan Optoelectronics (Suzhou) Co., Ltd., a wholly-owned subsidiary, the company increased its capital by 60 million yuan. After the capital increase, the registered capital of the subsidiary increased from 540 million yuan to 600 million yuan.
Huacan Optoelectronics said that the capital increase of the subsidiary is conducive to the smooth development of the project construction of the subsidiary, in line with the company's medium and long-term development strategy.
Huacan Optoelectronics said that the capital increase of the subsidiary is conducive to the smooth development of the project construction of the subsidiary, in line with the company's medium and long-term development strategy.
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