Jingce Electronic (300567.SZ) subsidiary plans to increase its capital by 37 million yuan to ensure investment in the research and development and production of semiconductor testing equipment.

Zhito Finance APP reported that Jingce Electronics (300567.SZ) announced that its holding subsidiary, Wuhan Jinghong Electronics Technology Co., Ltd. (abbreviated as "Wuhan Jinghong"), intends to increase its capital by 37 million yuan. This capital increase will be subscribed by Wuhan Jinghe Investment Consulting Partnership (Limited Partnership), Wuhan Jingjun Investment Consulting Partnership (Limited Partnership), Liu Yonghua, Li Zhan, Shuai Min, and other investors, all of which will be incorporated into the registered capital. After the capital increase, the registered capital of Wuhan Jinghong will be changed to 150 million yuan. The company's direct equity stake in Wuhan Jinghong will decrease from 66.37% to 50%, and its equity stake in Wuhan Jinghong held through its wholly-owned subsidiary Jingce Electronics (Hong Kong) Co., Ltd. will decrease from 13.27% to 10%. Wuhan Jinghong will still be included within the company's consolidated financial statements.