Helen Zhe 34.8 million capital increase giant energy Albert

Helenzhe (300201) announced on the evening of the 26th that the company plans to increase its capital by 34.8 million yuan to its wholly-owned subsidiary, Giant Energy Weiye. After the capital increase is completed, the registered capital of Giant Energy Albert will increase from 5 million yuan to 39.8 million yuan.

The announcement shows that Giant Energy is mainly engaged in the R&D and sales of switching power supplies; LED lighting products and LED application products, inductors, transformers, R&D, engineering (Caiyuan) and sales. As of June 30, 2014, Giant Energy's total assets were 49.807 million yuan, total liabilities were 4,184.14 million yuan, and net assets were 7,965,800 yuan. Operating income was 37.648 million yuan and net profit was 2,730,500 yuan.

Helenzhe said that the company's capital increase for Juergy Albert is in line with the company's strategic development planning and business development needs, which is conducive to strengthening the strength of giant energy and providing further support for the business expansion of Giant Energy.

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