United Chemical: Allocates RMB 120 Million to Bolster Zhuoguangrui's Capital

3 day ago / Read about 0 minute

Author：小编

United Chemical has announced plans to invest RMB 120 million to augment the capital of Zhuoguangrui Technology (Shanghai). This investment will enable United Chemical to subscribe to Zhuoguangrui's newly augmented registered capital of RMB 3.599991 million, securing a 19.35% stake in the company post-capital increase. Furthermore, United Chemical retains the option to invest an additional RMB 120 million within the next six months, subject to a valuation cap of RMB 700 million. The primary objective of this funding is to support the research and development of locally manufactured projection exposure machines and associated components.

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