On February 25th, 2004, Joy Co., Ltd. held a shareholders' meeting and decided that shareholder Liu Dequn would increase capital by 27.8 million yuan with buildings, machinery and equipment. After the capital increase, the registered capital of the company increased to 30.8 million yuan.
On February 17, 2008, the interim shareholders' meeting of Joy Co., Ltd. passed a resolution, and the company as a whole was changed into a joint stock limited company and renamed as "Dalian Joy Marine Seedling Industry Co., Ltd.". The specific scheme is based on the book net assets of Joy Co., Ltd. as of June 65438+February 3, 2007/audited by Bandung Accounting Institute of 99,852,274.27 yuan, and converted into 50 million shares at the ratio of 1: 0.5007, each with a par value of 1 yuan. From March 65438 to March 2008, all shareholders of Joy Co., Ltd. signed the Sponsor Agreement of Dalian Joy Marine Seedling Industry Co., Ltd.