Hao Neng Co., Ltd. (603809.SH) plans to increase its capital to its wholly-owned subsidiary Chongqing Hao Neng by 100 million yuan.

Smart Finance and Economics APP news, Haoneng Co., Ltd. (603809.SH) announced that, according to the company's future business plan and development strategy, in order to accelerate the layout and construction progress of related industries such as new energy vehicle planetary gear reducers, high-precision industrial planetary gear reducers, high-precision reducers for robots and joint drive assemblies, and enhance the financial strength and comprehensive competitiveness of Haoneng in Chongqing, the company plans to increase its capital by 100 million RMB through its own funds. After this capital increase, Haoneng in Chongqing will increase its registered capital from 170 million RMB to 270 million RMB, remaining as a wholly-owned subsidiary of the company.