On February 12, St Xinmei issued a notice showing that the second temporary general meeting of shareholders of the company in 2019 reviewed the plan on changing the company's name. After deliberation by the board of directors, the company plans to change its Chinese name to "Shanghai Aiko solar energy Co., Ltd." and its English name to "Shanghai Aiko solar energy Co., Ltd.".
At the same time, the company plans to change its business scale to "research and development, production (limited to branches), sales of solar cells; import and export of goods and technology".
In terms of the registered capital of the company, the board of directors passed the relevant resolution that the registered capital of the company should be increased by about 1.384 billion yuan and the registered capital should be changed to about 1.83 billion yuan, and agreed that Guangdong aixu, a wholly-owned subsidiary of the company, should increase its own capital by 300 million yuan to Zhejiang aixu, a wholly-owned subsidiary of the company.
The general meeting of shareholders also announced the results of the board of directors change of St Xinmei. The four non independent directors selected are from aixu technology. According to the notice, Chen Gang, Yu Xinhua, Liang Qijie and Shen Yu were elected as the directors of the 8th board of directors of the company, during which Chen Gang was the chairman and general manager of Guangdong aixu Technology Co., Ltd., Yu Xinhua was the director of Guangdong aixu Technology Co., Ltd., Liang Qijie was the deputy general manager of Guangdong aixu Technology Co., Ltd., and Shen Yu was the Secretary of the board of directors of Guangdong aixu Technology Co., Ltd.
In September this year, St Xinmei completed a serious asset restructuring. Meanwhile, aixu technology, Zhejiang aixu and Tianjin aixu have been incorporated into the merger scale since the date of asset restructuring. AI Xu technology consolidated statement helped st Xinmei's performance soar. According to the previous three quarters report issued by St Xinmei, the gross profit rate of St Xinmei in the first three quarters of 2019 was 21.53%, an increase of 3.88 percentage points compared with the same period of last year; the revenue of the first three quarters was 4.186 billion yuan, an increase of 50.61% compared with the same period of last year; the net profit attributable to shareholders of listed companies was nearly 500 million yuan, an increase of 94.83% compared with the same period of last year; the operating profit of the first three quarters is now The net flow of gold was 936 million yuan, an increase of 76.45% year on year.