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Yongding Co., Ltd. has made a public announcement stating that its wholly-controlled subsidiary, Dingxin Optoelectronics, is set to enhance its capital and equity structure. This move involves bringing in external investors, namely Wuxi Jicui, Suzhou Longju, Fuzhou Innovation, Linhu Venture, Nanjing Hangyuan, Cambridge Industries Group, and Suzhou Tongxin. The total cash infusion for this capital increase amounts to 55 million yuan. Post-capital increase, the aggregate shareholding proportion of Yongding Co., Ltd. and its subsidiaries in Dingxin Optoelectronics will see a dip, going from 55.8879% down to 52.4914%. Similarly, Yongding Co., Ltd.'s direct stake in Dingxin Optoelectronics will shrink from 24.2384% to 22.7654%. Dingxin Optoelectronics' main business focus lies in the production of optical chips.
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