News Column

Furi Electronics Invests More in Furi Optoelectronics

May 14, 2014

FUZHOU, May 14, SinoCast -- Fujian Furi Electronics Co., Ltd. (SHSE: 600203) revealed additional investment of CNY 43.5 million into wholly owned Fujian Furi Optoelectronics Co., Ltd., which will be used to invest in surface mount type full color LED packaging. Upon completion, Furi Optoelectronics will boost registered capital from CNY 16.5 million to CNY 60 million, still wholly owned by Furi Electronics.

The additional investment will not change financial consolidation. Investment will help complete LED industrial chain, improve LED packaging capacity and competitiveness.

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Source: Sinocast Computers & Electronics Beat (China)

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