Lianchuang Optoelectronics: plans to increase capital of nearly 100 million yuan to wholly-owned subsidiaries

Announced on April 17, 2015, Lianchuang Optoelectronics held the 6th meeting of the 6th Board of Directors on April 15, 2015, and reviewed and approved the “Proposal on Capital Increase of Jiangxi Lianchuang Zhiguang Technology Co., Ltd., a wholly-owned subsidiary”. The company agreed to implement the capital increase of Jiangxi Lianchuang Zhiguang Technology Co., Ltd. (hereinafter referred to as “Lianchuang Zhiguang”) in the form of project assets and changes in fundraising projects. The newly added capital of this capital increase is RMB 10,098,500.

Jiangxi Lianchuang Zhiguang Technology Co., Ltd. is mainly engaged in research, development, production and sales of optoelectronic components and its series of products; electronic products and related equipment; technical services for after-sales products; information consulting and other services; as of December 31, 2014 The company has total assets of RMB 22,073,760, and shareholders' equity of RMB 40,194,400; in 2014, it realized operating income of RMB 268,923,300 and net profit of RMB 3,866,700; this increase in capital is the company's capital increase for the implementation of fundraising projects, which is conducive to raising funds. Generate benefits as soon as possible and improve the asset structure of subsidiaries. After the completion of this capital increase, the financial strength and operational capacity of the wholly-owned subsidiaries will be further improved, which will help the company's business development and long-term planning.

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