Suzhou Xilian Optics Technology Co., Ltd. announced that it expects to receive funding from Shenzhen Changshitong Technology Co., Ltd., Vertilite Co., Ltd., Shenzhen Jufei Optoelectronics Co., Ltd., other invetsors
December 07, 2020
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Suzhou Xilian Optics Technology Co., Ltd. announced that it has entered into the capital increase agreement to receive equity round of funding on December 8, 2020. The transaction will include participation from Shenzhen Jufei Optoelectronics Co., Ltd. (SZSE:300303) who will invest CNY 60 million for 6.2630% stake in the company, Suzhou Core Kinetic Energy Technology Venture Capital Partnership Enterprise (Limited Partnership), Zhangjiagang Zhichuang Hi-Tech Industry Fund Partnership Enterprise (Limited Partnership), Beijing Gaorong Phase IV Kangteng Equity Investment Partnership Enterprise (Limited Partnership), Chengdu Tianfu New Area Gaorong Phase IV Kangyong Investment Partnership Enterprise (Limited Partnership), and new investors Shenzhen Changshitong Technology Co., Ltd. for CNY 47,000,000 to acquire 4.67% stake, and Vertilite Co., Ltd. for CNY 10,000,000 to acquire 0.99% stake. The transaction has been approved by the general manager of OFILM Group Co., Ltd.
SHENZHEN JUFEI OPTOELECTRONICS CO., LTD is a China-based company principally engaged in the research, development, manufacture and distribution of surface mount device light emitting diode (SMD LED) devices. The Company provides backlight LED devices, which are applied in the manufacture of mobile communication terminals, visual telephones, cameras, digital photo frames, industrial instruments, notebook computers, monitors, liquid crystal display (LCD) televisions and network televisions, among others. The Company also provides lighting LED devices, which are applied in interior lighting products, LED road lamps, LED flashlights and LED miner lights, among others. The Company also provides basic network services. The Company mainly operates businesses in domestic market.
Suzhou Xilian Optics Technology Co., Ltd. announced that it expects to receive funding from Shenzhen Changshitong Technology Co., Ltd., Vertilite Co., Ltd., Shenzhen Jufei Optoelectronics Co., Ltd., other invetsors