2011
In September, we execute the increase of capital NTD 26,829,520. Thus, the Paid-in Capital is NTD 668,308,610.
In July, we reinvest British Virgin Island Luminous Town International Electric Company USD 186,000. Then, through this company, we reinvest Dongguan Luminous Town Electric. 2010 In October, we reinvest British Virgin Island Luminous Town International Electric Company USD 459,000. Then, we reinvest China Dongguan Luminous Town Electric again. 2009 In September and December, we reinvest British Virgin Island Luminous Town International Electric Company USD 329,000. Then, we reinvest Dongguan Luminous Town Electric again. 2008 In December, we reinvest British Virgin Island Luminous Town International Electric Company USD 300,000. Then, we reinvest China Hong-Cheng Limited Company. In order to optimize our financial system, we decrease capital NTD 131,586,850 in January. The real capital becomes NTD 641,479,090. We decrease the capital to make up for the lost. 2004 In December, we execute the bonus of employee and the stock-holders and we totally increase capital NTD 30,000,000. Then, we issued new 1,000 shares and the capital becomes 773,065,940. Then, we reinvest China Hong-Cheng Limited Company USD 2,100,4437.
In April, we execute increase capital NTD 157,000,000. The real capital becomes NTD 743,065,940.
In December, the profit and the bonus of the employee increase to capital NTD 35,465,940. The capital becomes NTD 586,065,940.
Reinvest Dongguan Luminous Town Electric USD 712,126.
Reinvest British Virgin Island Luminous Town International Electric Company with USD 4,878,816. 2001 Update the Reinvest Company from Hong Kong Luminous Town Electric to British Virgin Island Luminous Town International Electric Company 。 Increase capital 150 Million US Dollars. The Capital becomes 550,600,000. China Development Financial becomes the main stock-holder.
2000 In January, we increase capital NTD 188,000,000. The Paid-in Capital becomes NTD 358,000,000. We added a stock-holder Hua Jung Components Co., Ltd. In August, in order to optimize our financial structure, we decrease capital NTD 107,400,000. At the same period of time, we increase capital NTD 150,000,000. Thus, the capital becomes NTD 400,600,000. We added a stock-holder Hua Jung Components Co., Ltd. 1998 Our president was honored as Great Instructor by the Ministry of Economic Affairs. LTEC was honored as the Excellent Supplier by Japanese Funai Electric. Reinvesting Hong Kong subsidiary company USD 1,600,000.
Recruiting Japanese Capacitors Expert as our Vice General Manager. He is responsible for researching specialized capacitors. The specialized capacitors are with features of Low ESR, High Ripple Current and Long Life. According to this goal, we develop LZU, LZG, LZF, LTA, LHR Series products. 1997 In September, we increase capital NTD 40,000,000 and our capital becomes NTD 130,000,000 and we reinvest Hong Kong Luminous Town International Electric. In Dongguan, we establish subcontractor at the same time. In the same year, we added our stock-holder members Han Tong Investing Company, Han Jung Investing Company and Da Hua Investing Company. 1996 We increase capital NTD 25,000,000. Our capital becomes NTD 90,000,000. In this way, we enlarge our working capital to NTD 90,000,000. At the same year, we accomplish our ERP Computer system to administrate our manufacturing process.1995 Maryuan District began to work and the measure of all District is 13,524 square meters and the measure of Factory is 4.042 square meters. We increase capital NTD 15,000,000 and the capital becomes NTD 65,000,000.1994 In order to enlarge our production, we planned to build Maryuan District. We increase capital NTD 22,000,000 and our capital becomes NTD 50,000,000. LTEC was awarded with ISO 9002 Certificate at the same year.1993 LTEC was approved by ISO 9000 of Bureau of Standards, Metrology & Inspection. We are the first manufacturer of Electrolytic Capacitors which got this certificate.1992 In order to enlarge the production of SMD Products and purchase the SMD Equipment, We increase capital NTD 10,000,000 and our capital becomes NTD 28,000,000.
1991 In order to enhance the quality and capacity, we imported the equipment of automatically charging selecting. The equipment is to manufacture the products of high temperature, high reliability products.1989
We purchased the machine of automatically taping and we were awarded the Certificate of AT&T and SANYO. In order to enhance our quality, we cooperated with Industrial Technology Research Institute (ITRI).1986 Linnei District began to work. We enlarge our capacity by setting up automatically sleeve machines and we created our own brand LTEC.1985 We established Luminous Town Electric and our capital is NTD 6,000,000.