Hengxing Science & Technology: Increased capital by 310 million yuan for wholly-owned subsidiary

Zhitong
2025.10.24 07:45

Hengxing Science & Technology announced that the company and its wholly-owned subsidiaries Hengxing Cable and Hengxing Metal plan to increase the capital of the wholly-owned subsidiary Hengxing Chemical with their own funds of 660 million yuan. Among them, the company will increase its capital in Hengxing Chemical by 310 million yuan, Hengxing Metal will increase its capital by 200 million yuan, and Hengxing Cable will increase its capital by 150 million yuan. After the capital increase, the registered capital of Hengxing Chemical will increase from 671 million yuan to 963 million yuan. This capital increase is beneficial for enhancing the product market competitiveness of Hengxing Chemical and aligns with the company's strategic planning and operational development needs