Yangyuan Beverage (603156.SH), controlled by Quanhong Investment, plans to increase its capital by 1.6 billion yuan to Chang Kong Group.

Intelligence Finance APP News, Yangyuan Beverage (603156.SH) announced that the company-controlled Wuhu Renowned Quanhong Investment Management Partnership Enterprise (Limited Partnership) (referred to as "Quanhong Investment") has increased its capital to Changjiang Storage Technology Holdings Co., Ltd. (referred to as "Changkong Group" or "Target Company") by RMB 1.6 billion in cash. After this transaction is completed, Quanhong Investment will hold 0.99% of the shares of Changkong Group.