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Wus printed circuit (002463.SZ): plans to invest 21.9715 million euros in Shengwei Strategy through debt-for-equity swaps.
Grain News on November 21st ???? Wus Printed Circuit (002463.SZ) announced that the 7th board of directors' global strategy committee proposed to improve the financial structure of its holding subsidiary, Shengwei Strategy Electronics (Jiangsu) Co., Ltd. (referred to as "Shengwei Strategy"), to reduce its financial interest burden. The company agreed to increase Shengwei Strategy's capital by 21.971477 million euros in the form of debt-for-equity swaps, with related party Schweizer Electronic AG. (referred to as "Schweizer") waiving the proportional capital increase. After this capital increase, Shengwei Strategy's registered capital will be correspondingly increased from 87,716,023 euros.
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