--- title: "WindSun Science & Technology plans to increase its investment in Dongfang Electrical Machinery by 55.925687 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/228318241.md" description: "WindSun Science & Technology announced an investment of 55.925687 million yuan in Dongfang Electrical Machinery to enhance its core competitiveness in the equipment manufacturing industry. After the investment, WindSun Science & Technology will hold 50% of the equity in Dongfang Electrical Machinery, making it a subsidiary. This move will strengthen the company's revenue in areas such as explosion-proof electrical appliances, high and low voltage switches, and control equipment, enhance its technological core competitiveness and market share, and ultimately achieve the maximization of company value and shareholder interests" datetime: "2025-02-14T09:15:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/228318241.md) - [en](https://longbridge.com/en/news/228318241.md) - [zh-HK](https://longbridge.com/zh-HK/news/228318241.md) --- # WindSun Science & Technology plans to increase its investment in Dongfang Electrical Machinery by 55.925687 million yuan According to the Zhitong Finance APP, WindSun Science & Technology (688663.SH) announced that in order to further enhance the company's core competitiveness in the equipment manufacturing industry, optimize industrial layout, and achieve high-quality sustainable development, the company plans to increase its capital in Yanzhou Dongfang Electromechanical Co., Ltd. (hereinafter referred to as "Dongfang Electromechanical") by investing cash of 55.925687 million yuan to subscribe for an additional registered capital of 50 million yuan in Dongfang Electromechanical, with the remaining 5.925687 million yuan recorded as Dongfang Electromechanical's capital reserve. Upon completion of this transaction, the company will hold 50.00% of the equity in Dongfang Electromechanical, making it a subsidiary of the company. After the completion of this transaction, Dongfang Electromechanical will become a subsidiary of the company, and its financial statements will be consolidated into the company's financial reports. This will effectively increase the company's revenue from businesses such as explosion-proof electrical appliances, high and low voltage switches and control equipment, and industrial automation systems, thereby enhancing the company's technological core competitiveness and market share, ultimately improving the company's profitability and market competitiveness, which will be beneficial for maximizing the company's value and shareholder interests ### Related Stocks - [688663.CN](https://longbridge.com/en/quote/688663.CN.md) ## Related News & Research - [The Trading Awards: Voting is open until 19 May](https://longbridge.com/en/news/286793607.md) - [US Senator Durbin urges RFK. Jr to resist easing vape rules](https://longbridge.com/en/news/287079463.md) - [FXIFY Marks Three Years with $40M Paid Out and a $3M Giveaway](https://longbridge.com/en/news/287069386.md) - [14:57 ETSahlen's Unveils "Firecracker" Hot & Spicy Hot Dog for America's 250th Celebration](https://longbridge.com/en/news/287107416.md) - [08:45 ETSTOKKE EXPANDS DIRECT-TO-CONSUMER PRESENCE WITH LAUNCH OF CANADIAN WEBSITE, BRINGING FAMILIES CLOSER THAN EVER](https://longbridge.com/en/news/287067816.md)