Do-Fluoride New Materials (002407.SZ) plans to increase capital for its holding subsidiary Isotope Technology by 103 million yuan to optimize its capital structure.
Duofuduo (002407.SZ) announcement, the board of directors of the company has approved the "About capital increase and related party transactions to the controlling subsidiary..."
Announcement from Do-Fluoride New Materials (002407.SZ): The board of directors has approved a resolution on increasing capital to its subsidiary and related party transactions. They have agreed to increase the registered capital of its subsidiary, Do-Fluoride New Materials Isotope Technology (Henan) Co., Ltd. (referred to as "Isotope Technology"), by 202 million yuan, with each shareholder of Isotope Technology increasing their capital proportionately, including Do-Fluoride New Materials increasing their capital by 103 million yuan. The capital increase for the subsidiary Isotope Technology is to meet its operational and developmental needs and to optimize its capital structure.
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