[Primax] Announcement regarding subsidiary Dongguan Dongju Electronic & Telecommunication Products Co., Ltd. Resolution on Capital Reduction
Primax Electronics' subsidiary, Dongguan Dongju Electronic & Telecommunication Products Co., Ltd., has resolved to reduce its capital by USD 30 million, a 48.387% decrease, resulting in a new share capital of USD 32 million. The move aims to optimize its overseas investment structure.
📋 Article Processing Timeline
- 📰 Published: April 9, 2026 at 09:00
- 🔍 Collected: April 10, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 19, 2026 at 04:35 (212h 35m after Collected)
1. Board Resolution Date: NA
2. Reason for Capital Reduction: Optimize overseas investment structure.
3. Amount of Capital Reduction: USD 30,000,000
4. Shares to be Canceled: Not applicable
5. Capital Reduction Ratio: 48.387%
6. Share Capital After Reduction: USD 32,000,000
7. Scheduled Shareholders' Meeting Date: 115/04/09
8. Number of common shares expected to be listed after capital reduction: Not applicable
9. Proportion of common shares expected to be listed after capital reduction to issued common shares (listed common shares after reduction / issued common shares after reduction): Not applicable
10. If the number of listed common shares after the estimated capital reduction is less than 60 million shares and less than 25%, please explain the measures to address low stock liquidity: Not applicable
11. Capital Reduction Base Date: Effective date upon completion of reporting to the competent authority.
12. Other matters that need to be described: Not applicable.
Keywords: Major Information
2. Reason for Capital Reduction: Optimize overseas investment structure.
3. Amount of Capital Reduction: USD 30,000,000
4. Shares to be Canceled: Not applicable
5. Capital Reduction Ratio: 48.387%
6. Share Capital After Reduction: USD 32,000,000
7. Scheduled Shareholders' Meeting Date: 115/04/09
8. Number of common shares expected to be listed after capital reduction: Not applicable
9. Proportion of common shares expected to be listed after capital reduction to issued common shares (listed common shares after reduction / issued common shares after reduction): Not applicable
10. If the number of listed common shares after the estimated capital reduction is less than 60 million shares and less than 25%, please explain the measures to address low stock liquidity: Not applicable
11. Capital Reduction Base Date: Effective date upon completion of reporting to the competent authority.
12. Other matters that need to be described: Not applicable.
Keywords: Major Information