Securities code: Beijing Bayi Space Lcd Technology Co.Ltd(688181) securities abbreviation: Beijing Bayi Space Lcd Technology Co.Ltd(688181) Announcement No.: 2022020 Beijing Bayi Space Lcd Technology Co.Ltd(688181)
Announcement on capital increase of wholly-owned subsidiaries
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear legal responsibility for the authenticity, accuracy and integrity of its contents according to law.
Important content tips:
Name of capital increase target: Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) Advanced Materials Co., Ltd. (hereinafter referred to as "Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) ")
Source and amount of capital increase: Beijing Bayi Space Lcd Technology Co.Ltd(688181) (hereinafter referred to as "the company") plans to increase the capital of its wholly-owned subsidiary Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) with its own capital of RMB 60 million, which is mainly used to pay the balance of imported i-line, krf248nm lithography machine and supporting equipment required by the "advanced material R & D project" and daily operation.
This matter has been deliberated and approved at the 14th meeting of the Fourth Board of directors of the company, and does not need to be submitted to the general meeting of shareholders for deliberation. It does not constitute a related party transaction, nor does it constitute a major asset reorganization specified in the measures for the administration of major asset reorganization of listed companies.
1、 Overview of this capital increase
In order to meet the capital needs of Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) , the company plans to increase the capital of Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) with its own funds by 60 million yuan. After the completion of this capital increase, the registered capital of Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) will increase to 160 million yuan. This capital increase is mainly used to pay the balance of imported i-line and krf248nm lithography machines and supporting equipment required by the "advanced material R & D project" and daily operation.
The company held the 14th meeting of the 4th board of directors on April 19, 2022, and passed the proposal on capital increase of wholly-owned subsidiaries. This proposal does not need to be submitted to the general meeting of shareholders for deliberation.
This foreign investment does not belong to related party transactions, nor does it constitute a major asset reorganization stipulated in the administrative measures for major asset reorganization of listed companies.
2、 Basic information of capital increase target
1. Subject name: Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) Advanced Materials Co., Ltd
2. Company type: limited liability company
3. Date of establishment: February 1, 2021
4. Registered capital: 100 million yuan
5. Legal representative: Zhao Lei
6. Address: Room 101 (duplex), building 50, Room 102 (duplex), building 50, No. 1387, Zhangdong Road, China (Shanghai) pilot Free Trade Zone
7. Business scope: engaged in technology development, technical consultation, technical service and technology transfer in the field of advanced material science and technology, R & D and sales of special electronic materials, synthetic materials and display devices, R & D and sales of chemical products and raw materials (excluding licensed chemical products), import and export of goods, import and export of technology and import and export agency. (except for the items that must be approved according to law, the company shall independently carry out business activities according to law with its business license)
8. equity structure: before the capital increase, the company held 100% of its equity; After the capital increase, the equity structure remains unchanged. 9. Main financial data of the latest year and period:
As of December 31, 2021, the total audited assets of Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) are 11898685210 yuan and the net assets are 9454813540 yuan; The operating income is 245661983 yuan and the net profit is -545186460 yuan. The above data have been audited by Zhitong Certified Public Accountants (special general partnership).
3、 Impact of this capital increase on the company
Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) was established in 2021. It is a wholly-owned R & D and testing platform for high-end electronic materials. Its main R & D direction is flat sector and semiconductor photoresist and its key raw materials, polyimide materials, etc. After Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) was established, the laboratory engineering construction and the establishment of Shanghai core R & D team were rapidly carried out. At present, the engineering construction has been basically completed, the imported i-line, krf248nm lithography machine and supporting equipment have been ordered, and a semiconductor level electronic material R & D and testing platform with China's advanced level has been preliminarily constructed. In the future, the company will continue to introduce key talents of high-end technology and continue to strengthen R & D strength.
In order to better meet the R & D and testing needs of high-end electronic materials such as photoresist and polyimide and promote the smooth progress of R & D and testing tasks, the management of the company believes that it is necessary to further increase the investment in Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) and the increased investment is mainly used to pay the balance of imported I line and krf248nm lithography machine and supporting equipment and daily operation.
The lithography process is the key in the integrated circuit manufacturing process. The R & D of photoresist needs to cooperate and verify with the corresponding lithography machine. The purchase of imported i-line and krf248nm lithography machine and supporting equipment will further improve the R & D capacity of the company, promote the R & D speed, and meet the business development objectives and long-term strategic planning of the company.
This capital increase will not have a significant impact on the normal production, operation and financial status of the company. After this capital increase, Shanghai Beijing Bayi Space Lcd Technology Co.Ltd(688181) remains a wholly-owned subsidiary of the company, which will not change the scope of the company's consolidated statements.
The company will perform the obligation of information disclosure in strict accordance with the provisions of relevant laws and regulations. Please pay attention to the investment risks.
It is hereby announced.
Beijing Bayi Space Lcd Technology Co.Ltd(688181) board of directors April 21, 2022
