JINJIAN CEREALS INDUSTRY plans to increase its capital by 29 million yuan to its wholly-owned subsidiary
On March 27, 2025, JINJIAN CEREALS INDUSTRY held a board meeting and decided to increase the capital of its wholly-owned subsidiary Hunan Jinjian Grain Reserve Management Co., Ltd. by 29 million yuan. After the capital increase, the registered capital will rise from 48 million yuan to 77 million yuan, and it will still hold 100% equity
According to the Zhitong Finance APP, JINJIAN CEREALS INDUSTRY (600127.SH) announced that the company will hold the 38th meeting of the 9th Board of Directors and the 2024 annual board meeting on March 27, 2025. The proposal to increase the capital of its wholly-owned subsidiary Hunan JINJIAN Reserve Grain Management Co., Ltd. was approved, agreeing to increase the capital by RMB 29 million in cash. After the completion of this capital increase, the registered capital of Hunan JINJIAN Reserve Grain Management Co., Ltd. will increase from RMB 48 million to RMB 77 million. The company still holds 100% equity of Hunan JINJIAN Reserve Grain Management Co., Ltd
