It is reported that Jiangfen Hi-Tech (the original 'Jiangmen City Sanqi New Energy Co., Ltd.' (hereinafter referred to as Jiangmen Sanqi ')') was established on January 20, 2011. In 2014 Jiangfen Magang acquired Jiangmen Sanqi 100% In January 2016, Jiangmen Sanqi was renamed as Guangdong Jiangfen Hi-Tech Industrial Park Co., Ltd. and a new production plant and equipment were purchased to expand its production capacity for the production and sales of liquid crystal display modules.
The capital increase is completed, the partnership holds a stake in Jiangfen Gaoke ratio of 73.72%, Jiang Powder Magnet stake of 26.28%. Jiangfen Gaoke registered capital from RMB 204,050.56 million yuan to RMB 160,000,000 yuan The partnership increased the capital of Jiangfen Hi-tech to RMB 121.55241 million, of which RMB 117.5954 million yuan was used for subscription of newly increased registered capital of Jiangfen High-tech Co., Ltd. with the remaining 359.5297 million yuan entered the capital reserve.
Jiangfen Magang said that this capital increase will help the company to further play its industrial advantages and management advantages and open up the use of capital markets and industrial resources Jiangyin Magma to serve the real economy innovation mechanism to achieve a virtuous interaction of industrial resources and financial capital , Speed up the pace of development of the company epitaxial.