Exhibition Optoelectronics: the subsidiary plans to increase the capital of ITH by no more than 13.5719 million US dollars.

Fannie Mae, May 25 / PRNewswire-FirstCall-Asianet /-- the company's wholly-owned subsidiary, Samoa Optoelectronics, plans to increase its capital to ITH by no more than US $13.5719 million and subscribe no more than 13.5719 million shares with its own funds. Upon completion of the investment, Samoa will hold no more than a 3 per cent stake in ITH. ITH itself has no actual business operation, and its core asset is 100% equity in Yili Technology. Yili Technology is a professional panel driver and touch IC design company, with display and touch two core technologies, is the main panel supplier in China, Japan, South Korea and other countries.