Bao Ti Group (600456.SH) plans to increase its capital by 287 million yuan to acquire a controlling stake in Wan Hao Titanium.

Zh tng cijng APP xn, bo ti gfn (600456.SH) fb gnggo, gngs n y zngz kug fngsh qd Shnx wn ho ti jn t ci kj yuxin gngs (jinchng "wn ho ti jn") 51% gqun, zngz ji kun 2.87 y yun. Bnc jioy wnchng hu, wn ho ti jn chngwi gngs de kngg zgngs, bng n gngmng wi "Shnx bo ti wn ho ti y yuxin gngs". translore: Finance news from Wisdom Financial APP, Baotai Stock (600456.SH) issued an announcement that the company plans to acquire 51% equity of Shaanxi Wan Hao Titanium Technology Co., Ltd. ("Wan Hao Titanium") through capital increase and share expansion, with a total investment of 287 million yuan. After the completion of this transaction, Wan Hao Titanium will become a controlling subsidiary of the company, and is planning to rename to "Shaanxi Baotai Wan Hao Titanium Industry Co., Ltd.".