Shandong Buchang Pharmaceuticals (603858.SH) plans to increase capital by 3.64 million yuan in its subsidiary Buchang Chicheng Trading.
Shandong Buchang Pharmaceuticals (603858.SH) announced that, in order to further enhance the comprehensive competitive strength of its controlled subsidiary Jinan Buchang Chicheng Trading Co., Ltd. ("Buchang Chicheng Trading"), the company plans to join the other shareholders of Buchang Chicheng Trading in making a cash capital increase of 4 million yuan in total to Buchang Chicheng Trading at a price of 1 yuan per share, in proportion to their existing shareholdings. After the capital increase is completed, the registered capital of Buchang Chicheng Trading will increase to 5 million yuan. Among this, the company will contribute 3.64 million yuan to increase capital in Buchang Chicheng Trading.
Shandong Buchang Pharmaceuticals (603858.SH) announced that, in order to further enhance the overall competitive strength of its controlled subsidiary Jinan Buchang Chicheng Trading Co., Ltd. ("Buchang Chicheng Trading"), the company plans to join the other shareholders of Buchang Chicheng Trading in making a cash capital increase of a total of 4 million yuan in Buchang Chicheng Trading at a price of 1 yuan per share, in proportion to their existing shareholdings. After the capital increase is completed, the registered capital of Buchang Chicheng Trading will increase to 5 million yuan. Of this, the company will contribute 3.64 million yuan to increase capital in Buchang Chicheng Trading.
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