--- title: "AYIS: The holding subsidiary is increasing its capital and expanding its shares" type: "News" locale: "en" url: "https://longbridge.com/en/news/261853645.md" description: "AYIS announced that its holding subsidiary, Henan Angang Zhoukou Steel Co., Ltd., plans to publicly increase its capital through a property rights trading institution, with a capital increase amount not exceeding 1 billion yuan. The company will waive its preemptive subscription rights and will still be the controlling shareholder of Zhoukou Company after the capital increase. In the past year, Zhoukou Company's total assets amounted to 11.061 billion yuan, liabilities were 7.719 billion yuan, operating income was 4.808 billion yuan, and net profit was -125 million yuan. The funds from the capital increase will be used to repay bank loans and shareholder loans to enhance its ability to continue operations" datetime: "2025-10-20T10:00:41.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/261853645.md) - [en](https://longbridge.com/en/news/261853645.md) - [zh-HK](https://longbridge.com/zh-HK/news/261853645.md) --- # AYIS: The holding subsidiary is increasing its capital and expanding its shares AYIS announced that its holding subsidiary, Henan Angang Zhoukou Steel Co., Ltd., intends to publicly solicit investors through a property rights trading institution to increase its registered capital through a capital increase and share expansion, with the amount not exceeding 1 billion yuan. The company plans to waive its preferential subscription rights for this capital increase. After the capital increase is completed, the company will continue to be the controlling shareholder of Zhoukou Company and will have actual control over Zhoukou Company. In the past year, Zhoukou Company's audited total assets amounted to 11.061 billion yuan, total liabilities were 7.719 billion yuan, operating income was 4.808 billion yuan, and net profit was -125 million yuan. The funds from the capital increase will mainly be used to repay existing debts formed by bank loans and shareholder loans, which will help enhance Zhoukou Company's ability to continue operations ### Related Stocks - [600569.CN](https://longbridge.com/en/quote/600569.CN.md) ## Related News & Research - [Global Inflation Fears Are Driving Bond Yields Higher. Make This 1 Trade Now.](https://longbridge.com/en/news/286932294.md) - [Is Wall Street Bullish or Bearish on Steel Dynamics Stock?](https://longbridge.com/en/news/287096852.md) - [Hidden Cost Of Financial Inaction, And How To Break The Cycle - The Decision You Make By Not Deciding](https://longbridge.com/en/news/286786034.md) - [Guriev: Russia is in need of a pipeline to China](https://longbridge.com/en/news/286935918.md) - [Oil little changed as traders await breakthrough in US.-Iran negotiations](https://longbridge.com/en/news/286925961.md)