Zhenghai Magnetic Materials increases its capital to 930 million yuan, an increase of about 11%.

Tianyancha's business information shows that recently, Zhenghai Magnetic Materials has undergone a business change, with its registered capital increasing from about 840 million RMB to about 930 million RMB, an increase of about 11%. Yantai Zhenghai Magnetic Materials Co., Ltd. was established in April 2000, with Wang Qingkai as the legal representative. Its business scope includes the production and sale of various magnetic materials and related components, as well as the import and export of goods and technologies. Shareholder information shows that the company is jointly held by Zhenghai Group Co., Ltd., Shandong Provincial State-owned Assets Investment Holdings Co., Ltd., Yantai Zhenghai Real Estate Co., Ltd., among others.