Shenzhen Q&D Circuits (301628.SZ) intends to inject 240 million yuan to increase capital for Nantong Qiangda to promote project construction.
Qiangda Circuit (301628.SZ) announced that the company plans to approve the use of a total of 240 million yuan of raised capital and self-owned funds to increase the capital of its wholly-owned subsidiary Nanjing Qiangda Circuit Technology Co., Ltd. (referred to as "Nanjing Qiangda"). The increased capital will be used for project construction and related work in the daily operations of Nanjing Qiangda.
Shenzhen Q&D Circuits (301628.SZ) announced that the company intends to approve the increase of capital to its wholly-owned subsidiary Nantong Shenzhen Q&D Circuits Technology Co., Ltd. (referred to as "Nantong Qiangda") using a total of 240 million yuan from raised funds and its own funds. The capital increase will be used for project construction and daily operations of Nantong Qiangda.
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