TJSUD plans to increase its capital by 490 million yuan to Xinglong Company
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TJSUD plans to increase its capital by 490 million yuan to its wholly-owned subsidiary Tianjin Xinglong Real Estate Development Co., Ltd. to support its acquisition of the Tianjin Dongli Shale (Hanging) 2025-10 land project. This capital increase will be conducted through cash and debt-to-equity conversion, raising Xinglong's registered capital from 10 million yuan to 500 million yuan. After the capital increase, TJSUD will still hold 100% equity in Xinglong
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