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Lisheng Sports(Shanghai)Co.,Ltd(002858.SZ): Intends to increase capital and expand shares of Hainan Development Holdings Nanhai by contributing 75.0708 million yuan through debt-for-equity swaps.
On December 4, Lisheng Sports (002858.SZ) announced that, in order to accelerate the construction of the Hainan International Circuit and further enhance the business expansion capabilities of Hainan Development Holdings Nanhai, in accordance with the company's global strategy and operational development needs, the company plans to increase its investment in Hainan Development Holdings Nanhai through debt-for-equity swaps by 75.0708 million yuan (representing the company's debt balance towards Hainan Development Holdings Nanhai), with 75 million yuan going into the registered capital and the remaining 0.0708 million yuan into the capital reserves. Another shareholder of Hainan Development Holdings Nanhai, Hainan Wisdom New Energy Autos Eco-Park Investment Co., Ltd. (hereinafter referred to as 'Hainan Wisdom New Energy').
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