Ruifeng photoelectric bursts announcement related to personnel appointment and capital increase

Yesterday (11) evening, Shenzhen REFOND optoelectronics Limited by Share Ltd (hereinafter referred to as the "company" or "REFOND") firing announcement, including a personnel appointment announcement and two capital announcement.

The content of the announcement shows that REFOND in May 11, 2017 held the third meeting of the ninth board of directors approved "on the appointment of Mr. Liu Zhi as Vice General Manager Bill", the Board agreed to appoint Mr. Liu Zhi, deputy general manager of the term, until the third session of the board of directors expires.

Liu Zhi graduated from the school of electronic information engineering, Tongji University, master's degree. Worked in PHILPS, Sealand securities Limited by Share Ltd, UBS Investment Fund Management Co., Ltd., Shenyin Wanguo Securities Research Institute Co. Ltd., as an engineer, senior analyst, senior analysts and industry official positions, once in 15 years, 16 consecutive years won the best new wealth analyst, crystal ball, the first best analyst the best title of financial analysts.

In addition, due to the company's development strategy, increase the input of laser application, and based on this laser (REFOND subsidiary) early product development and market development, the company intends to use its own funds to increase 5 million 33 thousand and 400 yuan, of which 1 million 190 thousand and 500 yuan in registered capital of 3 million 842 thousand and 900 yuan, included in capital reserve. This laser after the capital increase the registered capital of 7 million 142 thousand and 900 yuan, accounting for 61% of refond. After the capital increase company's total investment of 8 million 200 thousand yuan for this laser.

As early as January 2017, the board of directors approved the company's own funds 10 million yuan in Zhejiang Province, Yiwu City, the establishment of Asset Management Co (hereinafter referred to as the "Zhejiang Asset Management Co"), as of now, the Zhejiang Asset Management Co has not yet completed business registration procedures.

In order to better promote the Zhejiang Asset Management Co industrial and commercial registration procedures, the company intends to Zhejiang Asset Management Co additional investment 10 million yuan, additional investment, the company total investment of 20 million yuan.

Zhejiang information management company for the purpose of establishment of fund mergers and acquisitions for the main business management REFOND optoelectronics industry integration, the fund as REFOND optoelectronics industry integration platform, promote the company's strategic development, consolidate and enhance the company's position in the industry.

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