On the evening of July 3, the company announced that it will change the use of funds raised by “Wuxi LED Indoor Commercial Lighting Production Construction Project†to carry out industrial mergers and acquisitions and investment around the main LED lighting industry, and plans to use 10 million yuan for investment in Xiamen fireflies. Service Co., Ltd., at the same time, use 5.1 million yuan to invest together with Firefly Energy to set up a holding subsidiary. The remaining funds will be invested and used after the specific target company is determined in the future.
Wuxi Shiyida Electronics invested 10 million yuan in firefighting energy saving, of which 125,000 yuan was included in the registered capital of firefly energy conservation, and the remaining 98.7 million yuan was included in the firefly's energy-saving capital reserve. After the investment, Wuxi Shiyida holds the registered capital of firefighting energy saving of RMB 12.5 million, accounting for 2.4390% of the firefly's energy-saving equity ratio after the capital increase.
Wuxi Shiyida Electronics invested 10 million yuan in firefighting energy saving, of which 125,000 yuan was included in the registered capital of firefly energy conservation, and the remaining 98.7 million yuan was included in the firefly's energy-saving capital reserve. After the investment, Wuxi Shiyida holds the registered capital of firefighting energy saving of RMB 12.5 million, accounting for 2.4390% of the firefly's energy-saving equity ratio after the capital increase.
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