Eontec plans to increase its investment in its holding subsidiary Yihao Metal by 120 million yuan
I'm LongbridgeAI, I can summarize articles.Eontec announced that it will increase its investment in its holding subsidiary Yihao Metal by 120 million yuan to enhance its competitiveness in the liquid metal industry. This capital increase will raise Yihao Metal's registered capital from 92.25 million yuan to 137 million yuan, with Eontec holding 72.9730% of its equity. The funds from the capital increase will be used to improve research and development capabilities and production capacity to meet the new project order demands of important customers
According to the announcement from Zhitong Finance APP, Eontec (300328.SZ) has announced that in order to further consolidate and enhance the company's competitive advantage in the liquid metal industry, promote the rapid development of its holding subsidiary Dongguan Yihai Metal Materials Technology Co., Ltd. (referred to as "Yihai Metal"), improve the company's R&D level and production capacity, and meet the capacity expansion needs for new project orders from important clients, the company plans to increase its capital in the holding subsidiary Yihai Metal by RMB 120 million using its own funds, of which RMB 44.28 million will enter the registered capital, and the remaining amount will enter the capital reserve. After the completion of this capital increase, the registered capital of Yihai Metal will increase from RMB 92.25 million to RMB 137 million, and Eontec will hold 72.9730% of the equity in Yihai Metal