Yatong Co., Ltd. (600692.SH) plans to participate in Yunnan Lincang Xingjiang Dahai Industrial Park Co., Ltd.

Zhitongcaijing · 11/26 11:33

Zhitong Finance App News, Yatong Co., Ltd. (600692.SH) announced that Shanghai Yajin Asset Management Co., Ltd. (“Ajin Company”), a wholly-owned subsidiary of the company, plans to invest 50 million yuan to participate in Yunnan Lincang Xingjiang Dahai Industrial Park Co., Ltd. Yunnan Lincang Xingjiang Dahai Industrial Park Co., Ltd. has a registered capital of 60.0 million yuan, and Shanghai Yajin Asset Management Co., Ltd. invested RMB 50 million in cash, accounting for 8.33% of the company's registered capital.

The capital of this investment comes entirely from the company's own capital and will not affect the company's normal production and operation. This investment is in line with the country's decisions and arrangements to deepen East-West collaboration, and is conducive to promoting the “16+16” cooperation mechanism between Shanghai and Yunnan to jointly build an industrial park.