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Express News | Mango Excellent Media Says to Boost E-Commerce Unit's Capital for 410 Mln Yuan via Debt-to-Equity Swap
Mango Excellent Media (300413.SZ): Happy Sunshine intends to increase investment in Xiaomang E-commerce through debt-for-equity swaps.
On July 24th, Gelun Hui reported that Mango Excellent Media (300413.SZ) announced that in order to further enhance the financial strength and overall competitiveness of its holding subsidiary Xiaomang Electronic Commerce Co., Ltd. (hereinafter referred to as "Xiaomang E-commerce") and continue to promote the rapid development of Xiaomang E-commerce, the 22nd meeting of the 4th Board of Directors and the 19th meeting of the 4th Supervisory Committee of the company on July 23rd in 2024 approved the "Proposal on Increasing Capital by Debt-for-Equity Swaps for the Controlling Subsidiary and Related Transactions", agreeing to increase the capital of Xiaomang E-commerce by 414.236 million yuan of debt held by Happy Sunshine through debt-for-equity swaps and...
Earnings Are Growing at Mango Excellent Media (SZSE:300413) but Shareholders Still Don't Like Its Prospects
Be Sure To Check Out Mango Excellent Media Co., Ltd. (SZSE:300413) Before It Goes Ex-Dividend
As of June 28, 2024, Mango Excellent Media (300413.SZ) has a total of 66102 shareholders.
On July 4th, Gelonhui reported that as of June 28th, 2024, Mango Excellent Media (300413.SZ) had a total of 66,102 shareholders.
Mango excellent media (300413.SZ) plans to distribute 1.8 yuan per 10 shares on July 10th ex-dividend.
Mango Excellent Media (300413.SZ) announcement, the company's 2023 annual equity distribution plan: to distribute 10 yuan (tax included) to all shareholders for every 10 shares, and use 20% of the after-tax profit for 2023 as employee incentives and rewards for the board of directors and supervisors. The remaining profit will be carried forward to the next year.
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