Lopal Tech's Changzhou Liyuan to Inject RMB 310 Million into Jiangsu Liyuan

Stock News09-24 21:54

LOPAL TECH (02465) has announced that, in order to enhance the financial strength and overall competitiveness of Liyuan (Jiangsu) Technology Co., Ltd. ("Jiangsu Liyuan"), Changzhou Liyuan New Energy Technology Group Co., Ltd. ("Changzhou Liyuan"), a controlled subsidiary of Jiangsu Lopal Tech. Group Co.,Ltd. (603906), plans to inject RMB 310 million of its own funds into its wholly-owned subsidiary Jiangsu Liyuan.

The entire capital injection will be recorded as registered capital of Jiangsu Liyuan. Following the completion of the capital increase, Jiangsu Liyuan's registered capital will rise from RMB 300 million to RMB 610 million, and it will remain a wholly-owned subsidiary of Changzhou Liyuan.

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