Luxin High-tech Crescent announced on the evening of the 17th that the wholly-owned subsidiary Shandong High-tech Investment Co., Ltd. signed a capital increase agreement with Weifang Shengda Technology Co., Ltd. and its shareholders on the 15th. Gaoxin Investment invested 24.3 million yuan to subscribe for the new Shengda Technology. The company has 8.1 million shares, accounting for 18% of the registered capital after the completion of its capital increase. The investment was completed on December 17.
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