Fujian Expressway Development (600033.SH) plans to participate with 180 million yuan in the 2025 capital increase and expansion project of the Straits Insurance.
Fujian Expressway (600033.SH) announced that the company plans to participate in the capital increase and expansion project of the Strait Insurance in 2025 with an investment of 180 million yuan, holding 18% of its equity after the capital increase. Currently, Strait Insurance is still in the stage of business development, facing significant market competition pressure, and has not yet achieved stable profitability.
Fujian Expressway Development (600033.SH) announced that the company plans to participate in the capital increase and share expansion project of Haixia Insurance with 180 million yuan, holding 18% of its equity after the capital increase. Currently, Haixia Insurance is still in the business development stage and faces significant market competition pressure, and has not yet achieved stable profitability.
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