Kappa's Chinese affiliate increased its capital to 800 million yuan.

According to the Tianyancha App, recently, the Shanghai Kappa Sports Goods Co., Ltd., a related company of Kappa China, underwent a change in its business registration. The registered capital increased from 100 million RMB to 800 million RMB, an increase of 700%. The company was established in January 2007, with Chen Chen as the legal representative. Its business scope includes the sale of sports goods, clothing, shoes, hats, the design of sports goods, clothing, shoes, hats, and related accessories, import and export of goods, and technology import and export. Shareholder information shows that the company is wholly owned by Shanghai Titan Sports Goods Co., Ltd.