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The Shenzhen Branch of Lixin Certified Public Accountants (Special General Partnership) has conducted the verification of this investment, and on September 12, 2013, it has signed the “Report on Capital Verification†[2013] No. 00408.
On September 22, 2013, Hengrun Optoelectronics completed the registration procedure for registered capital business registration, and on September 23, 2013, it obtained the “Business License for Enterprise Legal Person†renewed by Dongguan Administration for Industry and Commerce. Capital and paid-in capital were changed from RMB 113 million to RMB 143 million.
Wanrun Technology has invested 30 million yuan to increase its subsidiary Hengrun Optoelectronics Co., Ltd.
Wanrun Technology reviewed and approved the “Proposal on the Use of Raised Funds to Increase Capital of Hengrun Optoelectronics†at the 17th meeting of the second board of directors held on August 23, 2013, and agreed to use the funds raised by the company for 30 million yuan. The company Guangdong Hengrun Photoelectric Co., Ltd. (hereinafter referred to as "Hengrun Optoelectronics") increased its capital and used it to increase its registered capital.