On May 3, 2012, Jingyuan Electronics, a subsidiary of Tongfang Co., received the “Securities Registration Confirmation†issued by China Securities Depository and Clearing Co., Ltd. Shenzhen Branch, and completed the issuance of additional shares. Among them, Jingyuan Electronics issued 91,807,622 shares to Tongfang. The stock is listed on May 10, 2012 and the sales period is 36 months.
After the completion of the share issuance, Tongfang shares held 125,557,622 shares of Jingyuan Electronics, accounting for 51.94% of its total issued share capital.
After the completion of the share issuance, Tongfang shares held 125,557,622 shares of Jingyuan Electronics, accounting for 51.94% of its total issued share capital.
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