Zhuhai CosMX Battery (SHA:688772) will invest 14.7 million yuan to increase the capital of equity-participating company Guangdong National New Energy Storage Research Institute, or the National Research Institute, according to a Thursday filing with the Shanghai bourse.
The listed company will then subscribe to 4 million yuan of the National Research Institute's newly registered capital.
Zhuhai CosMX Battery directly holds 14% of the equity of the National Research Institute.
Wuxi Taiji Industry (SHA:600667) said Chair Fang Tao resigned due to work adjustment.General Manager Wang Yibo will serve as acting chair until a successor is elected, according to a Thursday filing with the Shanghai bourse.Shares of the semiconductor company closed 2% lower Thursday.
LG Electronics (KRX:066570) introduced an ultra-low-power display on Thursday, called the LG ePaper Display, according to a same-day release.The product is expected to launch in the domestic market in June, following which it will be introduced across the overseas markets, the release said.The paper-like digital signage uses electronic ink technology to considerably lower power consumption while displaying menus, advertisements, and promotional content. The 32-inch display supports quad high definition (QHD) resolution, features enhanced color reproduction via LG's proprietary algorithm, and offers wide viewing angles, it said.Shares of LG Electronics fell 4% at market close.
InnoCare Pharma's (HKG:9969) orelabrutinib was approved by the Therapeutic Goods Administration (TGA) in Australia to treat adult patients with relapsed or refractory mantle cell lymphoma, according to a Thursday Hong Kong bourse filing.Orelabrutinib has been developed by the pharma firm to treat cancers and autoimmune diseases.