Fosun International (00656.HK) subsidiary invests 300 million yuan to increase capital in Furuifluorochemicals and acquire 15.79% equity.
Intelligence Financial APP News, Fosun International (00656.HK) issued an announcement on August 16, 2025, stating that Hainan Mining (a subsidiary of the company, as an investor) signed a capital increase agreement with Mr. Wang Zhongxi, Mr. Wang Chen, Baird Investments, China Resources Mining (existing shareholders of the target company Luoyang Fengrui Fluorine Industry Co., Ltd.) and the target company. According to this agreement, Hainan Mining subscribed to the target company's new registered capital of RMB 33.885 million with RMB 300 million in cash, accounting for 15.7895% of the total equity of the target company after the capital increase. After this capital increase, the company indirectly holds 15.7895% of the target company's equity through Hainan Mining.
Latest
18 m ago