Shangfeng Cement (000672.SZ) announcement, the company plans to use its own funds to increase the capital of its wholly-owned subsidiary, Shangrong Logistics, by 0.4 billion yuan...
Zhitong Finance APP news, Shangfeng Cement (000672.SZ) announcement, the company plans to use its own funds to increase the capital of its wholly-owned subsidiary, Shangrong Logistics, by 0.4 billion yuan. After the capital increase is completed, the registered capital of Shangrong Logistics will increase from 30 million yuan to 0.43 billion yuan. This capital increase is to further improve and optimize the financial structure of Ningbo Shangrong Logistics Co., Ltd. and promote sustainable development.