Yunnan Germanium Industry: plans to increase the capital of Yunnan Xinyao Semiconductor Materials Co., Ltd. by holding the equity of its subsidiary.

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Jin Shi data November 5 news, Yunnan Germanium Industry announced that all shareholders of the company's holding subsidiary Yunnan Zhongke Xinyuan Crystal Material Co., Ltd. will increase the capital of its holding subsidiary Yunnan Xinyao Semiconductor Material Co., Ltd. at a price of 228 million yuan (as of August 31, 2024) based on the net assets of 228 million yuan (as of August 31, 2024) audited. The company priced its 97.6155% equity of Zhongke Xinyuan at 222 million yuan, increasing the registered capital of Xinyao Company by 191 million yuan; Huifeng priced its 2.3845% equity of Zhongke Xinyuan at 5.4257 million yuan, increasing the registered capital of Xinyao Company by 4.6628 million yuan. After the capital increase, Xinyao Company will obtain 100% equity of Zhongke Xinyuan, and the registered capital of Xinyao Company will increase to 321 million yuan. The company will hold 84.5294% equity of Xinyao Company.

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