Sunfly Intelligent Technology (300423.SZ) announced that its wholly-owned subsidiary, Sunfly New energy Fund Co., Ltd. (referred to as "Sunfly New energy Fund")...
According to the Zhito Finance APP report, Sunfly Intelligent Technology (300423.SZ) announced that its wholly-owned subsidiary, Sunfly New Energy Co., Ltd. (abbreviated as "Sunfly New Energy"), plans to increase capital for its holding subsidiary, Guangdong Shengqi Hydrogen Production Equipment Co., Ltd. (abbreviated as "Shengqi Hydrogen Production"), through Debt-for-equity Swaps and Cash / Money Market. The Debt-for-equity Swaps portion involves an amount of 18 million yuan in debt, while an additional 2 million yuan will be injected in cash. Other Shareholders of Shengqi Hydrogen Production will forgo their proportionate capital increase. This action aims to further enhance the financial strength and overall competitiveness of Shengqi Hydrogen Production.
