Jiemei Electronic And Technology plans to increase its investment in Rouzhen Technology by 30 million yuan to support its capacity expansion
Jiemei Electronic And Technology has decided to increase its investment in its holding subsidiary, Rouzhen Technology, by 30 million yuan. After the capital increase, Rouzhen Technology's registered capital will rise to 15.75 million yuan, and its shareholding ratio will increase from 58.43% to 60.41%. This move aims to accelerate Rouzhen Technology's capacity expansion in the field of composite fluid products and enhance its supply capability to downstream battery manufacturing companies
According to the Zhitong Finance APP, Jiemei Electronic And Technology (002859.SZ) announced that the company's board of directors has reviewed and approved the proposal regarding the capital increase to its controlling subsidiary. The company agrees to make a targeted capital increase of 30 million yuan to Zhejiang Rouzhen Technology Co., Ltd. (referred to as "Rouzhen Technology") based on a pre-investment valuation of 600 million yuan. The company will subscribe to all of Rouzhen Technology's newly registered capital of 750,000 yuan, corresponding to 4.7619% of Rouzhen Technology's total equity after this transaction. After the capital increase is completed, Rouzhen Technology's registered capital will increase from 15 million yuan to 15.75 million yuan, and the company's equity stake in Rouzhen Technology will change from 58.4333% to 60.4127%.
This capital increase to the controlling subsidiary Rouzhen Technology is beneficial for accelerating its capacity expansion pace in the field of composite fluid products and enhancing its supply capability for downstream battery manufacturing enterprises
