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Subdued Growth No Barrier To Oriental Pearl Group Co.,Ltd.'s (SHSE:600637) Price
Oriental Pearl Group (600637.SH): The affiliated company Oriental Dragon plans to increase its capital and expand its shares, and the company will waive its proportionate priority subscription rights.
On December 25, Gelonghui reported that Oriental Pearl Group (600637.SH) announced that its affiliated company, Oriental Dragon, plans to attract investors for capital increase and expansion in order to meet its operating development needs and strengthen its main business layout in the mobile New Media. This will be done through the listing on the Shanghai Cultural Property Exchange. The planned capital increase amount for Oriental Dragon will not exceed 1 billion yuan. The company currently holds 48.8883% of Oriental Dragon's shares, and both the company and other existing shareholders of Oriental Dragon will waive their proportional preemptive rights corresponding to this capital increase. After this capital increase and expansion is completed, the company's shareholding ratio in Oriental Dragon will change.
Investors Could Be Concerned With Oriental Pearl GroupLtd's (SHSE:600637) Returns On Capital
Oriental Pearl Group (600637.SH): The company's shareholding in Shanghai Microelectronics requires penetrating multiple layers; please refer to the business registration information for specifics.
On December 12, Glorify announced that Oriental Pearl Group (600637.SH) stated on the investor interaction platform that the company Holds 21.3333% equity in Shanghai Information Investment Co., Ltd. (referred to as 'Shanghai Xintou'). Shanghai Xintou's wholly-owned subsidiary, Shanghai Taili Industrial Investment Management Co., Ltd., Holds 8.1218% equity in Shanghai Microelectronics Equipment (Group) Co., Ltd. (referred to as 'Shanghai Microelectronics'). The company's shareholding in Shanghai Microelectronics requires multi-layer penetration, specific details should be based on the business registration information.
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