Luyin Investment Group Co., Ltd. (600784.SH) announced that Jinan Xinyi Powder Metallurgy Co., Ltd. ("Xinyi Powder"), its 55%-owned subsidiary, will receive a capital injection of 56.3475 million yuan in cash. Of this amount, 3.6727 million yuan will be allocated to registered capital, while 52.6748 million yuan will be recorded as capital reserve. Post-investment, Luyin's stake will rise to 67%.
The capital increase aims to strengthen control over Xinyi Powder, aligning with the company's strategic development plan for its new materials segment. Additionally, it will enhance Xinyi Powder's financial capacity and strategic flexibility, supporting technological upgrades, expansion into high-margin sectors, and entry into emerging markets—ultimately boosting market competitiveness.
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