Hongda Electronics: The holding subsidiary Hunan Hongwei increased its capital to 44.5 million yuan
Hongda Electronics announced that its holding subsidiary Hunan Hongwei Electronics Technology Co., Ltd. will increase its registered capital from RMB 24.5 million to RMB 44.5 million by converting undistributed profits as of December 31, 2024, while the shareholding ratio of original shareholders will remain unchanged. In addition, Hongda Electronics will transfer its equity of RMB 1.1125 million in Hunan Hongwei to minority shareholder Xu Qianjun for RMB 4.361 million. After the transfer, Hongda Electronics will still hold 51% of Hunan Hongwei's shares
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