Cangzhou Mingzhu (002108.SZ) plans to increase the capital of its subsidiary by 500 million yuan for the Cangzhou wet method diaphragm second phase project.

Zhixun Financial News App, Cangzhou Mingzhu (002108.SZ) announced that the company plans to increase the registered capital of its wholly-owned subsidiary, Cangzhou Mingzhu Diaphragm Technology Co., Ltd., by 500 million yuan through its wholly-owned subsidiary, Cangzhou Mingzhu Lithium Battery Diaphragm Co., Ltd. (referred to as "Mingzhu Lithium Battery"). After receiving the capital injection, Mingzhu Lithium Battery will use it for the implementation of the second phase project of the Cangzhou Wet Diaphragm, conducted by its parent company Cangzhou Mingzhu Hechuang Lithium Battery Diaphragm Co., Ltd., which will help promote the smooth progress of the project.