On November 21, Gelonghui reported that wus printed circuit (002463.SZ) announced that the seventh board of directors' strategy committee proposed to improve the financial structure of its holding subsidiary Shengweice Electronics (jiangsu) Co., Ltd. (hereinafter referred to as "Shengweice"), alleviate its financial interest burden, and agreed to increase capital for Shengweice in the amount of 21.971477 million euros through debt-for-equity swaps, with the related party Schweizer Electronic AG. (hereinafter referred to as "Schweizer") waiving the proportionate capital increase.
After the completion of this capital increase, Shengweice's registered capital will increase from 87,716,023 euros to 109,687,500 euros, and the company's direct equity stake in Shengweice will increase from 80% to 84%, while the indirect equity stake held through Schweizer will decrease from 3.9480% to 3.1584%. Shengweice will still be a holding subsidiary of the company.
