Nine Tripod Investment (600053.SH) subsidiary plans to increase capital by RMB 20.5 million to Jiutai Fund.

Financial news from Sina Finance app: Jiuding Investment (600053.SH) announced that its wholly-owned subsidiary Kunwu Jiuding Investment Management Co., Ltd. (referred to as "Kunwu Jiuding") intends to increase capital by 60 million yuan with its indirect controlling shareholder Jiuchuang Jiuding Investment Management Group Co., Ltd. (referred to as "Jiuding Group") and its affiliate Lhasa Kunwu Jiuding Industrial Investment Management Co., Ltd. (referred to as "Lhasa Kunwu") to its joint venture company Jiutai Fund. Kunwu Jiuding will contribute 20.5 million yuan, Jiuding Group will contribute 19.75 million yuan, and Lhasa Kunwu will contribute 19.75 million yuan. Huayuan Securities, a shareholder of Jiutai Fund, has waived its preemptive right to subscribe for this round of capital increase.