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Yankuang Energy Group to Dispose of 50% Stake in Subsidiary to Investor
YANKUANG ENERGY (01171.HK): New Fengguang Technology intends to contribute 55.9257 million yuan in Cash / Money Market to subscribe for the additional registered capital of Dongfang Mechanical and Electrical.
On February 14, GLONGHUI reported that YANKUANG ENERGY (01171.HK) announced that on February 14, 2025, its wholly-owned subsidiary Donghua Heavy Industry signed a capital increase agreement with Xinfengguang Technology and Dongfang Electromechanical (a non-wholly-owned subsidiary of Donghua Heavy Industry). According to the capital increase agreement, Xinfengguang Technology intends to invest RMB 55.925687 million in cash for the new registered capital of Dongfang Electromechanical, of which RMB 50 million will be included in the paid-in capital and RMB 5.925687 million will be included in the capital surplus. After the completion of this capital increase, Xinfengguang Technology will hold 50% of the equity in Dongfang Electromechanical.
Express News | Yankuang Energy - Windsun Science & Technology Intends to Contribute RMB55.925687 Mln to Subscribe for Additional Capital of Dongfang Electrical
Express News | Yankuang Energy - Deemed Disposal of 47.168% Equity Interests in Dongfang Electrical
Finance Associated Press Venture Capital: In January, financing in the Carbon Neutrality sector totaled 1.61 billion yuan, a decrease of 95.03% month-on-month. Li Chuang Autos Electronics completed its first round of financing of nearly 0.5 billion yuan.
According to data from the China Finance Association's Venture Capital platform, in January, there were a total of 69 private equity investment events in the domestic Carbon Neutrality sector, a decrease of 28.13% from 96 events last month; The total disclosed financing amounted to approximately 1.61 billion yuan, down 95.03% from 32.404 billion yuan last month.
Declining Stock and Solid Fundamentals: Is The Market Wrong About Yankuang Energy Group Company Limited (HKG:1171)?
101699656 : Not bad