Jinhong Electric is a home appliance research and development company, involving research and development of home appliances; sales of home appliances; sales of spare parts of home appliances; manufacturing of home appliances; manufacturing of hardware products; retailing of hardware products; Recently, Xinhuike plans to invest in Jinhong Electric by way of cash capital increase. This time, the planned investment amount is 3 million yuan, and after the investment, it will obtain 10% of the equity of Jinhong Electric.
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