[High-tech LED News] Hangzhou Silan Micro announced that the company's board of directors decided to use the raised funds of 200 million yuan to increase its wholly-owned subsidiary Hangzhou Shilan Mingxin Technology Co., Ltd. "high-brightness LED chip production line expansion project." After the completion of the capital increase, Silan Micro has used the raised funds to increase the capital of Shilan Mingxin by RMB 500,000.
At present, the registered capital of Silan Mingxin is RMB 500 million. After the capital increase, the registered capital of Silan Mingxin will increase to RMB 700 million. Silan Micro holds 100% of its shares.
Founded in September 2004, Silan Mingxin is a compound semiconductor company specializing in the design and manufacture of high-brightness LED chips for Silan Microelectronics. The cumulative investment of Silan Mingxin has reached 700 million yuan, and the existing purification plant covers more than 5,000 square meters. The process technology covers the epitaxial growth of blue, green and red LED nitride semiconductor materials and chip manufacturing. Currently, Lanmingxin's low-power blue, green and red-light chips have been shipped in large quantities.
At present, the registered capital of Silan Mingxin is RMB 500 million. After the capital increase, the registered capital of Silan Mingxin will increase to RMB 700 million. Silan Micro holds 100% of its shares.
Founded in September 2004, Silan Mingxin is a compound semiconductor company specializing in the design and manufacture of high-brightness LED chips for Silan Microelectronics. The cumulative investment of Silan Mingxin has reached 700 million yuan, and the existing purification plant covers more than 5,000 square meters. The process technology covers the epitaxial growth of blue, green and red LED nitride semiconductor materials and chip manufacturing. Currently, Lanmingxin's low-power blue, green and red-light chips have been shipped in large quantities.
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