Furi Electronics 43.5 million capital increase subsidiary Furi Photoelectric

Furi Electronics announced on May 13 that it will increase its capital of RMB 43.5 million to its wholly-owned subsidiary, Fujian Furi Optoelectronics Co., Ltd., mainly for investing in SMD full-color LED packaging projects; after the completion of the capital increase, Furi Optoelectronics registered capital It will be changed from 16.5 million yuan to 60 million yuan, still a wholly-owned subsidiary of the company.

Furi Optoelectronics business scope: the production of new electronic components such as power electronic devices and digital audio-visual and communication products; research, development, production and technical services of electronic products and software; design, production and installation of LED displays.

Furi Electronics said that the capital increase of the wholly-owned subsidiary Furi Optoelectronics will not lead to changes in the scope of the company's consolidated statements. The investment project is conducive to the integration of the company's LED industry chain and enhance the company's LED packaging, application product capacity and market competitiveness.

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