Changjiang & Jinggong Steel Building (600496.SH) plans to increase capital to its subsidiary Zhejiang Jinggong by 150 million yuan.
Jinggong Steel Construction (600496.SH) announced that, based on the company's development strategy, it will accelerate the current business planning and future development needs of the company to enhance the market competitiveness of its holding subsidiary Zhejiang Jinggong. The registered capital of a construction company is an important indicator of its strength, and it also has a certain reference value in the bidding business. The company plans to increase the capital of Zhejiang Jinggong by 150 million yuan with its own funds, to supplement its operating capital and strengthen its development capabilities. After this capital increase, Zhejiang Jinggong's registered capital will change from 12.08 billion yuan to 13.58 billion yuan.
Changjiang & Jinggong Steel Building (600496.SH) announced that, based on the company's development strategy, they will accelerate the implementation of the current business plan and future development needs, enhance the market competitiveness of its holding subsidiary Zhejiang Jinggong (the registered capital of a construction company is an important indicator of its strength and is also relevant in bidding and tendering business), supplement its operating capital, and strengthen its development capabilities. The company plans to increase the capital of Zhejiang Jinggong by 1.5 billion yuan using its own funds. After this capital increase, the registered capital of Zhejiang Jinggong will change from 12.08 billion yuan to 13.58 billion yuan.
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