SANF: Increased capital of 5.85 million yuan for its holding subsidiary

SANF announced that the company has increased its investment in its holding subsidiary, Huisheng Semiconductor, by 5.85 million yuan, of which the company contributed 4.75 million yuan, shareholder Cai Songyuan contributed 700,000 yuan, and shareholder Gao Qiquan contributed 400,000 yuan. After the capital increase, Huisheng Semiconductor's registered capital increased from 3.61 million yuan to 9.46 million yuan, and the company holds 69.7675% of the equity in Huisheng Semiconductor, remaining its controlling shareholder. The name of Huisheng Semiconductor has been changed to Huisheng Semiconductor Co., Ltd., and its registered capital and business scope have also been changed. In the most recent year and the most recent period, Huisheng Semiconductor's net assets were 1.3775 million yuan and 1.0246 million yuan, respectively, with operating revenues of 144,200 yuan and 0 yuan, and net profits of -772,500 yuan and -352,900 yuan, respectively