Yutong Electronics: To set up a capacitive touch-screen subsidiary

Securities Times reporter Wentai The company will be involved in touch screen module business rumors, Yu Shun Electronics (002289) today issued a clarification announcement. Announcement, November 19, 2010, a media published an article entitled "Senior executives borrowed gossip crazy, Yu shun electronic to rival Lai Bao Hi-Tech" article, after a netizen in the Yu Shun electronic shares reprinted the article.　　The article said, "a person familiar with the matter," Yu shun electronic momentum such as Rainbow's rally behind, and to enter the touch-screen module business rumors have a great relationship, but also said the media reporter interviewed the company's securities department staff on November 18, 2010 afternoon. Yu Shun electronic said that, as of November 19, 2010, before the publication of the article, the company did not find that the public media in the above-mentioned article refers to the rumors, but capacitive touch screen products and the company's main business related to a high degree.　　November 11, 2010, approved by the general Manager's Office meeting, the company decided to set up a wholly-owned subsidiary in Changsha, the name for the Changsha-Yu Shun Touch Technology Co., Ltd., the capacitive touch screen direction of investment project Research, the subsidiary's main business development for capacitive touch screen products production and sales. In addition, in order to open up the company in the field of solar energy business new economic growth Point, the company also decided to set up a wholly-owned subsidiary in Shenzhen, the name of Shenzhen Yu Shun New Energy Co., Ltd., Solar Direction Project Research, the subsidiary's main business for the production of solar module products sales. The registered capital of the two wholly-owned subsidiaries is 1 million yuan, at present, are in the preparatory stage of the establishment, have not received the business license issued by the Ministry of Industry and Commerce, and did not carry out any business, after the establishment of the subsidiary will be in accordance with the requirements of the specification of specific comprehensive research projects, such as the formation of specific programs and through the corresponding approval procedures　　The company will implement it. At the same time, Yu Shun electronic said the article said, "A media reporter interviewed in the afternoon of November 18, 2010, the company securities staff", the situation is not true. After the company to the company's securities department of all staff and all the directors, supervisors, senior management staff to verify that the afternoon of November 18, 2010, the above people did not accept the media reporter interview.