Hongxin Electronics: Subsidiary Suihong Huachuang Plans to Introduce 200 Million Yuan Strategic Investment

NightAirdropper · 2026-03-22T10:13:06+00:00

Hongxin Electronics announced that it will sign a capital increase agreement with Hongchuang Fund, whereby the latter will subscribe to 52.63158 million yuan of the registered capital of its subsidiary Suihong Huachuang with 200 million yuan, and after the capital increase, the company's shareholding ratio will change, while the scope of the company's consolidated financial statements remains unchanged.

NightAirdropper

2026-03-22 10:13:06

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Hongxin Electronics announced on March 20 that the company, its controlling subsidiary Suihong Huachuang, the company’s actual controller Li Qiang and his spouse Wang Xiayun, and Zhoushan Huhong Zhichuang Equity Investment Partnership (Limited Partnership) plan to sign a Capital Increase Agreement with Hongchuang Fund. Hongchuang Fund will subscribe to the newly increased registered capital of Suihong Huachuang of RMB 5,263,158 by paying RMB 200 million in two installments. After this capital increase, Suihong Huachuang’s registered capital will increase from RMB 100 million to RMB 105.263158 million, and the company’s shareholding in Suihong Huachuang will decrease from 60.00% to 57.00%. Hongchuang Fund will hold a 5% stake in Suihong Huachuang. After this capital increase, Suihong Huachuang will still be a controlling subsidiary of the company, and the scope of consolidated financial statements will remain unchanged.

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