Huazhong CNC announced that the company held the 26th meeting of the 12th board of directors on October 16, 2024 to review and pass the “Proposal on Capital Increase for Wholly-owned Subsidiaries”. The company plans to transfer a debt of 39.26 million yuan to increase the capital of its wholly-owned subsidiary Wuhan Huazhong CNC Ezhou Co., Ltd., at a price increase of 1 yuan/registered capital per share. After the capital increase is completed, the registered capital of Ezhou Huashu will increase from 73.7 million yuan to 113 million yuan. The purpose of this capital increase is to support the construction of the Ezhou Huashu Project, optimize the subsidiary's balance and liability structure, enhance capital strength, and conform to the company's development strategy plan and long-term interests.

Zhitongcaijing · 10/17 10:01
Huazhong CNC announced that the company held the 26th meeting of the 12th board of directors on October 16, 2024 to review and pass the “Proposal on Capital Increase for Wholly-owned Subsidiaries”. The company plans to transfer a debt of 39.26 million yuan to increase the capital of its wholly-owned subsidiary Wuhan Huazhong CNC Ezhou Co., Ltd., at a price increase of 1 yuan/registered capital per share. After the capital increase is completed, the registered capital of Ezhou Huashu will increase from 73.7 million yuan to 113 million yuan. The purpose of this capital increase is to support the construction of the Ezhou Huashu Project, optimize the subsidiary's balance and liability structure, enhance capital strength, and conform to the company's development strategy plan and long-term interests.