Lianyungang Agricultural Development Financing Guarantee Company increased its capital to 3 billion yuan, an increase of 1400%.

According to the Tianyancha App, recently, Lianyungang Agricultural Development Financing Guarantee Co., Ltd. has undergone a business change, with Lianyungang Industrial Investment Group Co., Ltd., Lianyungang Port Group Co., Ltd., and Lianyungang Financial Holdings Group Co., Ltd. being added as shareholders. The registered capital has increased from 200 million RMB to 3 billion RMB, an increase of 140%. At the same time, there have been changes in some of the senior management. Lianyungang Agricultural Development Financing Guarantee Co., Ltd. was established in December 2015 with Xu Bing as the legal representative. Its business scope includes financing guarantee services such as loan guarantees, bill acceptance guarantees, trade financing guarantees, project financing guarantees, letter of credit guarantees, and other financing guarantees. Shareholder information shows that the company is currently jointly owned by Lianyungang Revitalization Industrial Group Co., Ltd. and the aforementioned newly added shareholders.