CHINA RISUN GP: Introducing Agricultural Bank of China Investment to increase capital for Dingzhou Tianlu by 450 million yuan
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CHINA RISUN GP announced that Tianlu New Energy Co., Ltd. in Dingzhou has introduced Agricultural Bank of China Investment for a RMB 450 million capital increase to respond to the requirements of China's supply-side reform policy and promote the sustainable development of the group's business. After the capital increase, Hebei Xuyang Energy, China Construction Bank Investment, and Agricultural Bank of China Investment hold equity stakes in Tianlu Dingzhou at proportions of 50.0002%, 26.8050%, and 23.1948% respectively. Tianlu Dingzhou will continue to be a subsidiary of the company, and the group still retains actual control over the company
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