Division force us to plan the expansion project vehicle ni-mh power battery module group

On May 11, Corun announced that it would increase its registered capital by 21.76 million yen (about 12.86 million yuan) from its own capital.

Kelimei is mainly engaged in nickel metal hydride storage power battery monomer and module development, manufacturing and sales. 2017 families, the realization of main business income is 830318005.10 yuan, operating profit 47600434.RMB 45, 51311744 net profit 35 yuan.

It is understood that in order to meet the force needed to run the development of beauty, division force us to plan the expansion project vehicle ni-mh power battery module group., after the capacity expansion of the fifth annual production capacity is expected to more than double origin can. Families and force the United States of total investment will be increased from the original 16.32 billion yen to 32.62 billion yen.

Hunan corun new energy co., LTD and other force the shareholders (new source in the venture investment co., LTD., changshu PrimearthEVEnergy corporation, Toyota motor (China) investment co., LTD., Toyota tsusho corporation) with the plan to force the capital increase of a total of 5.44 billion yen (about 321.5 million yuan), all used to increase the registered capital.

Among them, the company will with their own money to the families and force the capital increase of 2.176 billion yen (about 128.6 million yuan).The owners of shareholding division force beauty remains the same. With registered capital of 5.44 billion yen to 10.88 billion yen, all of the money used to power vehicle nimh battery module group projects, skimpy share by force the self-raised funds through other way out.

Corun said that the capital increase is conducive to expanding the capital scale of corun midea to adapt to the market demand for its products, which need to increase production capacity. It is conducive to further expanding the scale of production and operation and business development, driving the production and sales of related products of hunan keba automobile power battery co., LTD., a wholly-owned subsidiary of the company, and changdeli yuan new materials co., LTD., a holding subsidiary of the company, and further increasing the company's investment income.

The page contains the contents of the machine translation.