Jinghe Integration (688249.SH) plans to increase capital by a total of 9.1 billion yuan with Hefei Construction Investment and Hefei Qinhe Xiang Jingyi

Zhitong Finance App News, Jinghe Integration (688249.SH) issued an announcement. In order to enhance the capital strength of Jingyi Integrated and supplement its working capital requirements in business development, the company plans to jointly increase the capital of the wholly-owned subsidiary Jingyi Integrated with Hefei Construction Investment and Hefei Qinhe at a price of 1.00 yuan/registered capital. The parties plan to increase the total capital by 9.1 billion yuan in monetary terms. Among them, Crystal Integration plans to invest 5.1 billion yuan, Hefei Construction Investment plans to invest 3 billion yuan, and Hefei Qinhe plans to invest 1 billion yuan. After the capital increase is completed, the registered capital of Jingyi Integrated will increase from 2 billion yuan to 11.1 billion yuan.

After the capital increase is completed, the company's direct shareholding ratio of Jingyi Integrated will be changed from 100.00% to 63.96%. Jingyi Integration is still the company's holding subsidiary. This transaction will not cause changes in the scope of the company's consolidated statements, and will not have a significant impact on the company's financial situation and operating results.

Jingyi Integration is the main construction entity of the fourth phase of the Jinghui Integration project, with a total investment of 35.5 billion yuan. It is currently building a 12-inch wafer manufacturing production line with a production capacity of about 55,000 pieces/month, focusing on 40 nm and 28 nm CIS, OLED and logic processes. The products can be widely used in OLED display panels, AI phones, AI computers, smart cars and artificial intelligence.