Huluwa (605199.SH) plans to increase Hainan Huluwa's capital by 290 million yuan through debt-for-equity swaps

Zhitongcaijing · 10/18 08:09

Zhitong Finance App News, Huluwa (605199.SH) announced that in order to enhance the financial strength and overall competitiveness of Hainan Huluwa Pharmaceutical Co., Ltd. (“Hainan Huluwa”) and promote the healthy operation and sustainable development of Hainan Huluwa, the company plans to increase Hainan Huluwa's capital by 290 million yuan through debt-to-equity swaps. After the capital increase is completed, Hainan Huluwa's registered capital will increase from 10 million yuan to 300 million yuan. After the capital increase was completed, Hainan Huluwa remained a wholly-owned subsidiary of the company.