ST Huahua: The board of directors agreed to convert debt into capital of 73.8797 million yuan.

date
25/05/2026
Announcement of ST Interhwa: The company previously formed a debt of 73.8797 million yuan to its wholly-owned subsidiary, Interhwa 3502 Occupational Uniform Co., Ltd., through the form of raising funds and loans. The company held the 19th meeting of the Sixth Board of Directors on May 25, 2026, and approved to increase the capital of 3502 company with the debt. The entire amount of the capital increase will be included in the registered capital. After the capital increase, the registered capital of 3502 company will increase from 300 million yuan to 374 million yuan, remaining as a wholly-owned subsidiary of the company. This capital increase does not involve changes in the use of raised funds, nor does it constitute related party transactions or major asset restructuring.