STARMASK plans to increase its investment in its subsidiary Zhuhai Longtu by 100 million yuan

According to the announcement from Zhitong Finance APP, Longtu Guanzhao (688721.SH) announced that its wholly-owned subsidiary Zhuhai Longtu is the main body for the company's fundraising project construction. In order to ensure the construction needs of the project and the smooth progress of related projects, enhance the capital strength of Zhuhai Longtu, improve its operational capabilities, and refine the company's strategic planning, the company plans to increase its capital by RMB 100 million to Zhuhai Longtu using its own funds. After this capital increase, the registered capital of Zhuhai Longtu will increase from RMB 200 million to RMB 300 million. After the capital increase is completed, the company will still hold 100% equity of Zhuhai Longtu, which will remain a wholly-owned subsidiary of the company