Unigroup Guoxin boosts subsidiary, involves related-party transaction

Unigroup Guoxin Microelectronics (SZSE:002049) announced a CNY 210 million capital increase for its indirect holding subsidiary, Wuxi Unigroup Electric Technology. Shenzhen Guowei Electronics, a wholly-owned subsidiary of Unigroup Guoxin, will waive its priority subscription rights for a portion of the new shares, subscribing to CNY 187.7915 million. A consortium of employee-affiliated partnerships, including Beijing Jixin Enterprise Management and others, will subscribe to the remaining shares.