Weltech announced on the evening of October 16 that the company’s wholly-owned subsidiary Shanghai Welch Instrument Co., Ltd. and the natural person Huanghe signed a capital increase agreement in Shanghai on October 15. It was decided that instrument and meter company would unilaterally deal with Shanghai Datong Instrument Co., Ltd. The capital increase was 5.0711 million yuan. Of which 4.6 million were included in the registered capital, and 111.18 million were included in capital reserve.

Before the capital increase, the registered capital of Datong Instrument was 5.4 million yuan, and the equity structure was: Shanghai Welltech Instrument and Meter Co., Ltd. invested 2.97 million yuan, and the investment proportion was 55%; the Yellow River invested 2.42 million yuan, and the capital contribution ratio was 45%.

After the completion of this capital increase, the registered capital of Datong Instrument increased to 10 million yuan, and the ownership structure was changed to: Shanghai Weltech Instruments Co., Ltd. invested 7.57 million yuan, and the capital contribution ratio was 75.7%; the Yellow River contributed 2.43 million yuan, and the investment ratio was 24.3%. .

All the shareholders of Datong Instrument, namely Instrument and Meter Company and Huanghe, agreed that the capital increase was unilaterally completed by Instrument and Meter Company and the Yellow River gave up its right to increase capital.

Shanghai Datong Instrument Co., Ltd. (formerly known as Shanghai Datong Instrument Factory) was founded in 1988. It is a high-tech joint-stock enterprise that integrates technology research and development, product production, and technology trade. It has an automation engineering department, a production plant, and a maintenance center. Diversified institutions.

"People-oriented, seek common development", Chase companies strive to build a highland of talents, the current total number of employees is 260, 35 technical personnel with middle and senior titles, accounting for 13.8% of the total number of employees, including 8 senior titles, 18 intermediate titles, There are 9 junior titles, 31 professional managers, 16 full-time quality inspectors, and 6% of the total number of employees.