--- title: "GYZ ELECTRONIC's subsidiary Chizhou GYZ plans to increase capital and introduce local state-owned assets and other external investors" type: "News" locale: "en" url: "https://longbridge.com/en/news/236761392.md" description: "GYZ ELECTRONIC's subsidiary Chizhou GYZ plans to increase its capital and expand its shares, introducing local state-owned assets and other external investors, with a planned capital increase of no more than 150 million yuan. Investors will obtain no more than 17.65% equity in Chizhou GYZ. The capital increase will be used for the development of the MLCC business, with a capital increase price of 2.1861 yuan corresponding to 1 yuan of registered capital, and a pre-investment valuation of 700 million yuan" datetime: "2025-04-21T09:51:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/236761392.md) - [en](https://longbridge.com/en/news/236761392.md) - [zh-HK](https://longbridge.com/zh-HK/news/236761392.md) --- # GYZ ELECTRONIC's subsidiary Chizhou GYZ plans to increase capital and introduce local state-owned assets and other external investors According to the Zhitong Finance APP, GYZ ELECTRONIC (688260.SH) announced that its controlling subsidiary Chizhou GYZ Electronic Technology Co., Ltd. (referred to as "Chizhou GYZ" or "the target company") plans to increase its capital and introduce local state-owned assets and other external investors. The investors intend to increase the capital by a total of no more than 150 million yuan in cash, and after the capital increase is completed, they will hold no more than 17.65% of the equity in Chizhou GYZ. Among them, Xuancheng Huiyuan Green Energy No. 2 Equity Investment Partnership (Limited Partnership) intends to invest 55 million yuan to subscribe for a registered capital of 25.16 million yuan. Other investors will determine their final investment amounts after their internal approval processes are completed, due to different internal approval decision-making processes and timelines. After negotiations with the investors, this capital increase is planned to be based on a pre-investment valuation of 700 million yuan for the target company, with a capital increase price of 2.1861 yuan corresponding to 1 yuan of registered capital. The total amount of capital increase from the investors will not exceed 150 million yuan. The funds from this capital increase will be used for the development of Chizhou GYZ's multilayer ceramic capacitor (referred to as "MLCC") business, further accelerating the progress of the MLCC project ### Related Stocks - [688260.CN](https://longbridge.com/en/quote/688260.CN.md) ## Related News & Research - [India's lifeline ferry across strategic archipelago](https://longbridge.com/en/news/286716580.md) - [Here's Why FSN E-Commerce Ventures (NSE:NYKAA) Has Caught The Eye Of Investors](https://longbridge.com/en/news/286881823.md) - [Hisense Home Appliances Deploys RMB1.81 Billion into Chongqing Trust Wealth Products](https://longbridge.com/en/news/286888326.md) - [Strix Discloses Trust-Led Share Tender by Non-Executive Director](https://longbridge.com/en/news/286884952.md) - [US Senator Durbin urges RFK. Jr to resist easing vape rules](https://longbridge.com/en/news/287079463.md)