Hongxin Electronics Plans to Introduce 200 Million Yuan Strategic Investment

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Source: Taiwan Strait Net

Taiwan Strait Net, March 23 (Reporter Wu Qiang) — Xiamen-listed company Hongxin Electronics (300657) announced on March 20 that its controlling subsidiary, Shanghai Suihong Huachuang Technology Co., Ltd. (referred to as “Suihong Huachuang”), plans to introduce external investors through capital increase and share expansion. The investor, Suzhou Wuyue Hongchuang Venture Capital Partnership (Limited Partnership) (referred to as “Hongchuang Fund”), will subscribe to 52.632 million yuan of new registered capital for Suihong Huachuang, paid in two installments, with a total investment of 200 million yuan.

After this capital increase, Hongxin Electronics’ ownership stake in Suihong Huachuang will decrease from 60% to 57%. Suihong Huachuang remains a controlling subsidiary of the company. Additionally, Suihong Huachuang plans to invest in the construction of a Guoxin Guomo adaptation and reform base in Changshu, Jiangsu, and aims to complete fixed asset investments of no less than 550 million yuan between 2026 and 2030, while introducing at least 20 ecosystem partner companies.

Hongxin Electronics stated that the introduction of external investors and external investments by Suihong Huachuang are driven by the company’s strategic layout and operational development needs. Bringing in strategic investors will help strengthen the subsidiary’s capital capacity and promote healthy operation and sustainable development of Suihong Huachuang.


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【Source: Taiwan Strait Net】

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