YA BANG plans to increase its investment in its subsidiary YA BANG HUAER by 145 million yuan
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According to the Zhitong Finance APP, YA BANG announced that in order to meet the operational development needs of its wholly-owned subsidiary Jiangsu Ya Bang Hual Dye Co., Ltd. (referred to as "Ya Bang Hual"), and to promote the overall healthy operation and sustainable development of the company and its subsidiaries, the company plans to increase its capital in Ya Bang Hual by 145 million yuan using self-raised funds in cash. After the capital increase is completed, its registered capital will increase from 255 million yuan to 400 million yuan
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