China Salt Chemicals: Plans to increase investment in China Salt Alkali Industry by 8 billion yuan.
China Salt Chemical announced that the company plans to increase the capital of China Salt Alkali Co., Ltd., increasing its registered capital to 8 billion yuan. In order to reduce financial expenses, optimize the capital structure, and introduce strategic investors, a planned funding of no more than 3.92 billion yuan is planned. China Salt Chemical's capital increase amount will not exceed 48.8 billion yuan, and the actual capital increase amount will be determined after the introduction of strategic investors. Shandong Haihua Co., Ltd. and Inner Mongolia Meng Yan Salt Industry Group Co., Ltd. have agreed to increase their capital in China Salt Alkali, with respective increases of no more than 2.32 billion yuan and 800 million yuan. Other investors will be determined when listed on the property rights exchange, and the specific targets and investment amounts are not yet determined.
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