Jinjian Rice Industry (600127.SH) plans to increase the capital of its subsidiary Jinjian Guomao by 90 million yuan.

Wisdom Financial News app news, Jinjian Rice Industry (600127.SH) announced that, in order to fully optimize the financial structure of the target company, enhance credit rating and financing capabilities, improve operational efficiency, ensure the stability of the industry chain combining service and trade of the company, enhance supply chain resilience, increase market competitiveness and strategic support capabilities, and fully leverage the role of state-owned enterprises as a "ballast stone" to stabilize prices and ensure supply, the company has decided to increase its capital to Hunan Nongfa Jinjian International Trade Co., Ltd. ("Jinjian International Trade Company") by 90 million yuan.