NYOCOR Co., Ltd.: Plans to inject no more than 1.247 billion yuan into its subsidiary, Jinkai Energy Saving
NYOCOR Co., Ltd. announced that it will inject no more than 1.247 billion yuan into its wholly-owned subsidiary, NYOCOR Energy Saving. This move aims to support the subsidiary's operational development and project advancement, enhance its sustainability, supplement working capital, and improve overall competitiveness, in line with the company's overall strategic plan
According to the Zhitong Finance APP, NYOCOR Co., Ltd. (600821.SH) announced that its wholly-owned subsidiary, Jinkai Co., Ltd., will use its own funds to inject no more than RMB 1.247 billion into its wholly-owned subsidiary, Jinkai Energy Conservation.
This capital injection is based on the company's strategic layout and the operational development needs of its subsidiaries, providing necessary support for project advancement. The company intends to enhance the subsidiary's sustainable operation and development capabilities through this capital injection, supplement its working capital, and further improve the comprehensive competitiveness of the wholly-owned subsidiary, providing a solid foundation for its subsequent production, operation, and business development, in line with the company's overall strategic planning
