Hongli Optoelectronics plans to increase its LED packaging capacity by 50 million

Hongli Optoelectronics announced on the evening of November 24 that the company intends to increase its capital by 50 million yuan to its wholly-owned subsidiary, Shenzhen Smect Optoelectronics Co., Ltd. (“Smide”). After the completion of this capital increase, the registered capital of Smide increased from 6 million yuan to 56 million yuan.

The company said that it will increase the capital of 50 million yuan to Smide, which is mainly used to supplement the daily operating liquidity and EMC packaging capacity expansion of Smex, thereby further enhancing the business expansion capability and financial strength of Smtech, and further securing Smax. Sustainable and healthy development.

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