Beijing BDStar Navigation (002151.SZ) announced that its controlling subsidiary Xin与物 (Shanghai) Technology Co., Ltd. ("Xin...
According to the Zhitong Finance APP report, Beijing BDStar Navigation (002151.SZ) announced that its wholly-owned subsidiary Xin Yu Wu (Shanghai) Technology Co., Ltd. ("Xin Yu Wu") intends to introduce new investors through capital increase and share expansion. Zhejiang Fuzhe Fuchuang Private Equity Investment Partnership (Limited Partnership) ("Gongfu Fund") plans to subscribe to Xin Yu Wu's newly increased registered capital of 80 million yuan, obtaining 6.98% equity in Xin Yu Wu. After the capital increase is completed, the company's equity ratio in Xin Yu Wu will change from 63.1085% to 58.7031%, and the company's control over Xin Yu Wu will remain unchanged.