Jiahe Intelligent's wholly-owned subsidiary plans to increase the capital of Wuqi micro by 41 million

On December 23, 2021, Jiahe Intelligent (300793) announced that on December 23, 2021, Jiangxi Jiahe Electroacoustic Technology Co., Ltd. (hereinafter referred to as "Jiahe Electroacoustic"), a wholly-owned subsidiary of Jiahe Intelligent Technology Co., Ltd., and ATIVE EXPLORER LIMITED, the original shareholders of Chongqing Wuqi Microelectronics Co., Ltd. (hereinafter referred to as the "Target Company" or "Wuqiwei"), Chongqing Wuqi One Enterprise Management Consulting Partnership (Limited Partnership), Chongqing Wuqiyi Enterprise Management Consulting Partnership (Limited Partnership), Chongqing Wuqisan Enterprise Management Consulting Partnership (Limited Partnership), Chongqing Wuqiwu Enterprise Management Consulting Partnership (Limited Partnership), Chongqing Wuqilu Enterprise Management Consulting Partnership (Limited Partnership), Jingning Dingjing Enterprise Management Consulting Center (Limited Partnership), Runke (Shanghai) Equity Investment Fund Partnership (Limited Partnership), Chongqing Southern Industrial Equity Investment Fund Partnership (Limited Partnership), Chongqing Linkong Yuanxiang Equity Investment Fund Partnership (Limited Partnership) (hereinafter referred to as "Linkong Fund"), Chongqing Qingyan Huaye Equity Investment Fund Partnership (Limited Partnership), Shantou China Resources Innovation Equity Investment Fund Partnership (Limited Partnership), Beijing Dahe Rongke Venture Capital Co., Ltd., Hangzhou Shanggong Equity Investment Co., Ltd., Beijing Rongze Investment Management Co., Ltd., Chongqing Xinjiancheng Enterprise Management Consulting Partnership (Limited Partnership), Shenzhen Hubble Technology Investment Partnership (Limited Partnership), Ren Zesheng, Xiong Fei, Lin Hao, Qian Hua, Wu Junyu, and the new shareholders Xiamen Huiyou Haojia Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "Huiyou"), Astrend Opportunity IV (Hong Kong) Alpha Limited (hereinafter referred to as "Astrend"), Shenzhen Zhicheng Digital Wisdom No. 2 Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Zhicheng"), SME Development Fund (Shaoxing) Equity Investment Partnership (Limited Partnership) (hereinafter referred to as "SME Fund"), Anker Innovations Limited (hereinafter referred to as "Anker"), Xiamen Yingqu Technology Co., Ltd. (hereinafter referred to as "Yingqu"), Shenzhen Chengyuan No. 1 Investment Partnership (Limited Partnership) (hereinafter referred to as "Chengyuan"), Changsha Huaye Gaochuang Private Equity Fund Partnership (Limited Partnership) (hereinafter referred to as "Huaye") signed the Capital Increase Agreement, in which its subsidiary, Jiangxi Jiahe Electroacoustic Technology Co., Ltd., used its own funds of RMB41 million to increase the capital of Wuqiwei and subscribed to the new registered capital of Qiwei of RMB757,812, corresponding to 1.27607% of the equity after the transaction. After the completion of this transaction, Wuqiwei will become a shareholding subsidiary of Jiangxi Jiahe Electroacoustic Technology Co., Ltd.

The purpose of foreign investment: This investment is in line with the company's future development strategy planning, but also an important strategy for the company to steadily implement the vertical integration strategy, which can promote the company to expand into the upstream chip field, expand the depth and breadth of the company's research and development, so as to meet the characteristic needs of first-line brand customers, and even carry out in-depth customized development, which is of strategic significance for the continuous expansion of the company's main business.

The company relies on rich experience in the research and development of finished headphone products, which greatly shortens the time for chip from die to finished headphone mass production, and the company can help the company continue to introduce new first-line brand customers through win-win development with upstream chip partners.

The capital increase of the target company is in line with the national policy on the development of the integrated circuit industry, in line with the company's development strategy, is an important measure of the company's strategic layout in the upstream chip business field, is conducive to expanding the company's future development space, enhancing the company's sustainable development capabilities, in line with the company's long-term development strategy.

Impact on the company: Jiahe Electroacoustic invested with its own funds this time, which will not have a greater impact on the company's cash use efficiency, finance and operating conditions. After the completion of the transaction, it will not be included in the company's consolidated statements and will not have a material impact on the company's future financial position and operating results. This investment is part of the company's overall strategic layout, there is no harm to the interests of the company and all shareholders, if Wuqiwei can operate smoothly and give full play to the advantages of industrial resources, it will have a positive impact on the development of the company's related business.

According to the data of The Shell Network, Jiahe Intelligent specializes in the design, development, manufacture and sales of electroacoustic products, and is a leading manufacturer of electroacoustic products in China. With rich market experience, leading design and development capabilities and manufacturing capabilities, the company provides customers with one-stop system overall solutions, and maintains a close, stable and long-term strategic cooperative relationship with the world's top electroacoustic brand owners, intelligent terminal brands and Internet brands.

This article originated from the digging shell network