EVER REACH GP: Xuchang Hengda plans to inject a registered capital of 24 million yuan into Xuchang City Hengrun
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EVER REACH GP announced that Xuchang Hengda signed a capital injection agreement with Xuchang Municipal Investment. Xuchang Hengda will inject RMB 24 million, while Xuchang Municipal Investment will inject RMB 36 million. After the capital injection, the registered capital of Xuchang Hengrun will increase to RMB 160 million, and Xuchang Hengda's equity will decrease from 80% to 65%, while Xuchang Municipal Investment's equity will increase from 20% to 35%. The board of directors believes that the terms of the capital injection are fair and reasonable, in line with the overall interests of the company and its shareholders
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