Jiangxi Redboard to Inject 300 Million Yuan into Subsidiary

MT Newswires Live08-26

Jiangxi Redboard Technology (SHA:603459) will inject 300 million yuan in capital into subsidiary Ji'an Huiyang Electronics, according to a Wednesday filing with the Shanghai bourse.

Ji'an Huiyang will then pass on the capital to Ganzhou Hongban Technology. The additional capital will help fund project construction.

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