Oriental Prosperity Group: Subsidiary Guowang Gaoke increased its capital by 1.5 billion yuan.

GoldenOctober2024

2024-11-11 11:05:43

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Jinshi data November 11th news, Oriental Shenghong announced that its subsidiary Jiangsu Guowang Gaokexianwei Co., Ltd. will increase its capital and introduce Agricultural Bank Financial Asset Investment Co., Ltd. and China Bank Financial Asset Investment Co., Ltd. as new shareholders. AgBank Investment and BOC Asset will increase Guowang Gaokexianwei by 1 billion and 500 million yuan respectively in cash. After the capital increase, the registered capital of Guowang Gaokexianwei will increase from RMB 5.359 billion to RMB 6.132 billion. After the completion of this transaction, the controlling shareholder of Guowang Gaokexianwei is still Jiangsu Shenghong Chemical Fiber New Material Co., Ltd., a wholly-owned subsidiary of Oriental Shenghong, with the shareholding ratio decreasing from 91.35% to 79.83%. The purpose of this capital increase is to optimize the company’s capital structure, enhance its capital strength and competitiveness.

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