- About Us
- Business
- Investor Relations
- ESG
- Careers
- Media Center
- YFY 100th
- A Message from Our Leader
- Company Profile
- Vision and Mission
- Business Strategy
- Our Brand
- Organization
- Achievements
2021-12-24
1.Date of the board of directors resolution:2021/12/02
2.Source of capital increase funds:
Shares of Arizon RFID Technology Co., Ltd. and cash from minority
shareholders of Arizon RFID Technology Co., Ltd..
3.Number of shares issued (not including those distributed to employees if
consisting in capital increase from earnings or capital surplus) :
3,984,886 shares.
4.Par value per share:1 USD
5.Total monetary value of the issuance:3,984,886 USD
6.Issue price:1 USD
7.Number of shares subscribed for by or allocated to employees:N/A
8.Number of shares publicly sold:N/A
9.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:0%
10.Handling method for fractional shares and shares unsubscripted for by
the deadline:N/A
11.Rights and obligations of these newly issued shares:
The new shares are entitled to the same rights and obligations as the
original shares.
12.Utilization of the funds from the capital increase:
To develop the RFID business in the global market.
13.Any other matters that need to be specified:
Resulted from the typographical error in the previous announcement, the
number of shares issued was 1,620,708 shares and total value of issuance
was 1,620,708 USD. It is now corrected to be 3,984,886 shares and
3,984,886 USD respectively.