Lakala has been approved to reduce its registered capital by over 11 million yuan
On October 12th, the reporter noted that the People's Bank of China updated the significant matter change permit information for non-bank payment institutions, agreeing to reduce the registered capital of Lakala Payment Co., Ltd. from RMB 788,082,500.00 to RMB 776,664,942.00, and the shareholding ratio of the major shareholder Lenovo Holdings Co., Ltd. increased from 23.54% to 23.88%