Silan Mingxin receives a capital increase of 100 million yuan from the parent company

Hangzhou Silan Microelectronics Co., Ltd. announced on the evening of the 13th, according to the "Proposal on the Company's Non-public Issuance of Stocks to Specific Targets", which was reviewed and approved at the 2010 First Extraordinary General Meeting of Shareholders held on January 28, 2010. Proposal on the Feasibility Report on the Use of Raised Funds for Non-Public Issuance of Stocks, Proposal on the Company's Non-Public Issuance of Stocks, and Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors to Fully Handle Matters Related to the Non-Public Issuance of Stocks In addition to the proposal related to the 2010 non-public offering, the company intends to use the raised funds to undertake the “high-brightness LED chip production line expansion project” of the fund-raising project. Hangzhou Silan Mingxin Technology Co., Ltd. (hereinafter referred to as “Slan Mingxin”) ) Increased capital by 100 million yuan.


As of this capital increase, the company has used the raised funds to increase the capital of Shilan Mingxin by RMB 200,000. At present, the registered capital of Silan Mingxin is 400,000 yuan. After the capital increase, the registered capital of Silan Mingxin will increase to 500 million yuan. The company holds 100% of its shares.


On the 18th of last month, Hangzhou Silan Microelectronics Co., Ltd. decided to invest in the construction of Silan West LED semiconductor chip manufacturing base in Cheng'a Industrial Park based on the development requirements and after comprehensive analysis of investment environment and government services. ——Chengdu Silan Semiconductor Manufacturing Co., Ltd. It is understood that the project is expected to be completed and put into production in 2012, focusing on the development of LED chip manufacturing, packaging, high-voltage integrated circuits and power semiconductor chip manufacturing, power module packaging four business.

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