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Genbyte Technology to Pump Nearly $14 Million Into Vietnamese Subsidiary
Genbyte Technology (SHE:003028) is planning to increase the capital of wholly-owned subsidiary Zhenbang Intelligent Technology (Vietnam) by $13.5 million. The investment aims to enhance the company's
Genbyte Technology Inc. (003028.SZ): plans to extend the "High-End Intelligent Controller R&D and Production Base Project (Phase I)" to June 2025.
On June 24th, Gelonhui reported that Genbyte Technology Inc. (003028.SZ) recently held the 13th (temporary) meeting of the third board of directors and the 13th (temporary) meeting of the third supervisory committee on June 21, 2024. The motion of "delaying some of the raised investment projects" was passed. Based on the actual construction situation of the company's raised investment projects, and under the premise that the subject of the project implementation, the location of implementation, the investment purpose, and the total investment remain unchanged, the proposed project "development and manufacturing base of high-end intelligent controllers (Phase I)" will be delayed until June 2025. This investment project was agreed upon.
Express News | Genbyte Technology Inc.: increased capital of $13.5 million to its subsidiary in Vietnam.
Express News | Genbyte Technology Inc.: The intelligent controller product used for humanoid robots is expected to have a small proportion of revenue this year.
Genbyte Technology Inc. (003028.SZ): Approval for issuing stocks to specific objects has expired.
On June 11, Gelonhua reported that genbyte technology inc. (003028.SZ) announced that it received the China Securities Regulatory Commission's Approval for the Registration of Issuance of Stocks by genbyte technology inc. to Specific Objects (Approval [2023] No. 1277) on June 27, 2023. The company's registration application to issue stocks to specific objects has been approved, and the Approval will be valid for 12 months from the date of registration approval (June 12, 2023). After receiving the approval, the company has been actively promoting the issuance of stocks to specific objects.
Express News | Genbyte Technology Inc.: Current production and operation situation is normal. Orders are sufficient.
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