Zhejiang Hengtong Holding (600226.SH) plans to inject RMB 330 million in capital increase into its subsidiary Hengtong Copper Foil.
Hengtong Co., Ltd. (600226.SH) announced that, in line with the company's strategic planning and operational development needs, it plans to inject RMB 330 million in cash as a capital increase into its wholly-owned subsidiary Hengtong Precision Copper Foil Technology (Deyang) Co., Ltd. (referred to as "Hengtong Copper Foil"). Upon completion of this capital increase, the registered capital of Hengtong Copper Foil will increase from RMB 900 million to RMB 1.23 billion, and Hengtong Copper Foil will remain a wholly-owned subsidiary of the company.
Zhejiang Hengtong Holding (600226.SH) announced that, in line with its strategic planning and operational development needs, the company plans to inject RMB 330 million in cash as a capital increase into its wholly-owned subsidiary Hengtong Precision Copper Foil Technology (Deyang) Co., Ltd. (referred to as "Hengtong Copper Foil"). Upon completion of this capital increase, the registered capital of Hengtong Copper Foil will increase from RMB 900 million to RMB 1.23 billion, and Hengtong Copper Foil will remain a wholly-owned subsidiary of the company.
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