Compass: Increase capital by 200 million yuan for wholly-owned subsidiary Maigao Securities and complete the industrial and commercial change.
The Compass announcement stated that the company had previously decided to invest 200 million yuan of its own funds into its wholly-owned subsidiary, Maiga Securities. Recently, the capital increase and industrial and commercial change registration procedures have been completed, and Maiga Securities has obtained a new Business License. After the completion of this capital increase, the registered capital of Maiga Securities has changed from 1.5 billion yuan to 1.7 billion yuan.
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