Chi Mei Electric will be renamed as “Innolux” and “Medical Device Manufacturing” will be added.

According to Taiwan media reports, Chi Mei Power will hold a shareholders' meeting on the 14th to discuss issues including: cash increase in the issuance of common stock to participate in the issue of the issue price of overseas depositary receipts (GDR), and "modification of the company's articles of association", that is, by changing the name Innolux Corp. and the addition of the "Medical Equipment Manufacturing" business project.

Chi Mei Electric promised creditor bank group, this year will increase capital of 20 billion yuan (NTD, the same below), after the completion of cash increase in September to raise 5.4 billion yuan, Chi Mei Electric will issue overseas deposit certificates of 16.25 billion yuan this quarter, To repay bank debt and improve financial structure.

Compared with the price of consumer electronics products, the gross profit of biotechnology medical products is relatively stable, and Taiwan’s “Executive Yuan” recently changed the “Taiwan Biotechnology Takeoff Diamond Action Plan” to “Taiwan Government Biotechnology”. The industrial take-off action plan, adding medical management to the existing drugs and medical materials, Chi Mei will also increase the "medical equipment manufacturing" operation project.

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