SIUI: Increased capital of 500,000 yuan for its subsidiary

Zhitong
2025.04.28 09:10

SIUI announced that at the eighth meeting of the second board of directors held on April 27, 2025, the proposal to increase capital for its wholly-owned subsidiary Shenzhen Shanchao was approved. The company plans to increase the capital of Shenzhen Shanchao by RMB 500,000 using its own funds. After the capital increase, the registered capital of Shenzhen Shanchao will increase from RMB 500,000 to RMB 1 million, remaining a wholly-owned subsidiary of the company. This capital increase aims to support the business development of Shenzhen Shanchao and does not involve related party transactions or major asset restructuring, and does not require submission for shareholder meeting review. The capital increase is expected to have no significant impact on the company's financial condition and operating results

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