Chinese LED manufacturer Nationstar announced recently, it will be scaling up its investments in two subsidiaries including Foshan Nationstar and Zhejiang Invenlux.

Foshan Nationstar has a registered capital of RMB 600 million. The parent company plans to inject another RMB 60 million in investments to meet the company’s semiconductor business demands. The company’s total registered capital will be RMB 660 million after the investment, of which Nationstar has financed RMB 490 million, which amounted to 74.24% of its registered capital.

Shareholders investment and stake in Nationstar's subsidiary in Foshan. (Source: Nationstar)

Changes in Nationstar’s shareholder shares

Zhejiang Invenflux is another Nationstar subsidiary with a listed capital of RMB 120 million. The parent company plans to add another RMB 17.25 million in the company capital to raise the total registered capital to RMB 137.25 million. Nationstar has invested in total RMB 922.5 million in the subsidiary, which amounts to 67.21% of its total registered capital.

Shareholders investment and stake in Zhejiang Invenflux subsidiary in Foshan. (Source: Nationstar)

Changes in Inventec shareholder shares

Nationstar explained its additional investments in the two subsidiaries will meet its growing business expansion demands, and through the latest investment expansion it will be able to spur upstream LED chip developments. The company will also be able to further raise its upstream LED chip technology levels, adjust and optimize its product structure, and strengthen the company’s competitiveness in LED upstream sector. All these can raise the company’s upstream business profitability, and strengthen the company’s overall performance.