--- title: "ERA: Plans to increase capital by 80 million yuan for Guangdong Era" type: "News" locale: "en" url: "https://longbridge.com/en/news/237812016.md" description: "ERA announced that the company will hold a board meeting on April 28, 2025, to review and approve the proposal to increase the capital of its wholly-owned subsidiary, Guangdong Era, by 80 million yuan. After the capital increase is completed, the registered capital of Guangdong Era will increase from 260 million yuan to 340 million yuan. This capital increase does not constitute a related party transaction or a major asset restructuring, and only requires approval from the board of directors, without the need to submit it for shareholder meeting approval" datetime: "2025-04-28T09:42:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/237812016.md) - [en](https://longbridge.com/en/news/237812016.md) - [zh-HK](https://longbridge.com/zh-HK/news/237812016.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/237812016.md) | [繁體中文](https://longbridge.com/zh-HK/news/237812016.md) # ERA: Plans to increase capital by 80 million yuan for Guangdong Era ERA announced that the company held a board meeting on April 28, 2025, and approved a proposal to increase the capital of its wholly-owned subsidiary, Guangdong Era, by 80 million yuan. After the capital increase is completed, the registered capital of Guangdong Era will increase from 260 million yuan to 340 million yuan. This capital increase does not constitute a related party transaction or a major asset reorganization, and only requires approval from the board of directors, without the need to submit it for shareholder meeting approval ### Related Stocks - [ERA (002641.CN)](https://longbridge.com/en/quote/002641.CN.md) ## Related News & Research - [Assessing Develop Global’s Valuation After Strong Half Year Earnings And Recent Share Price Pullback](https://longbridge.com/en/news/279106199.md) - [Antares Vision Updates Share Capital After Incentive-Plan Share Issues](https://longbridge.com/en/news/279120394.md) - [Swire Pacific (SEHK:19) One Off HK$6.7b Loss Tests Bullish Earnings Growth Narrative](https://longbridge.com/en/news/279080849.md) - [BYD weighs Canada plant, legacy automaker buyout amid global push](https://longbridge.com/en/news/278974771.md) - [BYD's Brazil plant secures 100,000 export orders for Argentina, Mexico](https://longbridge.com/en/news/279092045.md)