--- title: "SCN plans to increase its investment in its wholly-owned subsidiary, Spicy Community, by 10 million yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/234066707.md" description: "SCN announced that it will increase its investment in its wholly-owned subsidiary, Spicy Community, by 10 million yuan to enhance its core competitiveness and promote sustainable healthy development. Since its establishment, Spicy Community has become an important online interactive platform, facing challenges in business expansion and technological upgrades. After the capital increase, the registered capital of Spicy Community will rise to 20 million yuan" datetime: "2025-04-01T13:09:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/234066707.md) - [en](https://longbridge.com/en/news/234066707.md) - [zh-HK](https://longbridge.com/zh-HK/news/234066707.md) generator: "portal-rs" --- # SCN plans to increase its investment in its wholly-owned subsidiary, Spicy Community, by 10 million yuan According to the announcement from Zhitong Finance APP, Sichuan Internet Media Co., Ltd. (300987.SZ) states that Sichuan Spicy Community Network Media Co., Ltd. (referred to as "Spicy Community") is a wholly-owned subsidiary of the company. The company's highly influential comprehensive online community, Spicy Community, has developed into an interactive online platform with a large user base and diverse content sections since its establishment, playing an important role in online governance, public opinion monitoring and response, and user interaction. With the rapid changes in market demand and continuous technological innovation in the industry, Spicy Community faces challenges in business expansion, technology upgrades, and user experience enhancement. To strengthen the core competitiveness of Spicy Community and promote its sustainable and healthy development, the company plans to increase its capital by 10 million yuan in cash to Spicy Community, after which the registered capital of Spicy Community will be 20 million yuan, and it will still be a wholly-owned subsidiary of the company ### Related Stocks - [300987.CN](https://longbridge.com/en/quote/300987.CN.md) ## Related News & Research - [EDM Announces Results of the Annual General Meeting | EDMFF Stock News](https://longbridge.com/en/news/296781083.md) - [Flexcon Announces Global Relaunch of PharmCal® BioMark with ISEGA Certification](https://longbridge.com/en/news/296800649.md) - [09:02 ETIMAGE Skincare Expands Its GLP-1-Targeted Skincare Innovation with New VOL.U.LIFT™ BODY Sculpt + Firm Treatment Complex](https://longbridge.com/en/news/296792631.md) - [China says US transshipment report disregards facts](https://longbridge.com/en/news/296450742.md) - [Tallinna Sadam unit charters icebreaker Botnica for South Africa offshore project](https://longbridge.com/en/news/296737823.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**