SHBT plans to increase its subsidiary's capital by 150 million yuan to further expand into overseas markets
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SHBT plans to increase its capital by 150 million yuan for its wholly-owned subsidiary, SHBT Singapore Investment Co., Ltd., with 99% allocated for the capital increase of SHBT Singapore Technology Co., Ltd., and the remaining 1% directly used for the Thailand company. This move will help enhance the subsidiary's capital turnover ability, meet daily operational needs, and strengthen overseas market expansion capabilities, aligning with the company's strategic planning
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