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chengbang ecoenvironment (603316.SH): intends to increase capital to its wholly-owned subsidiary by converting debt into equity.
On November 28, Glonghui reported that chengbang ecoenvironment (603316.SH) announced it would increase the registered capital of its wholly-owned subsidiary Chengbang Design Group Co., Ltd. (abbreviated as "Chengbang Design") by 62.18 million yuan through a debt-to-equity conversion. Following this capital increase, the company's debt to Chengbang Design will decrease from 62.18 million yuan to 0 yuan, while Chengbang Design's registered capital will rise from 68 million yuan to 130.18 million yuan. The company will still hold 100% of Chengbang Design's equity. Given that Chengbang Design has experienced continuous losses in recent years, with negative net assets, this capital increase through a debt-to-equity conversion is aimed at Chengbang Design.
Chengbang Eco-Environment to Borrow 50 Million Yuan From Controlling Shareholder
Chengbang Co., Ltd.: Report for the Third Quarter of 2024 by Chengbang Ecological Environment Co., Ltd.
Announcement of the main operating data of Chengbang Ecological Environment Co., Ltd. for the third quarter of 2024
Chengbang Ecology & Environment Co., Ltd. Report for the Third Quarter of 2024
chengbang ecoenvironment (603316.SH): a net loss of 16.7136 million yuan in the first three quarters.
Chengbang Ecoenvironment (603316.SH) announced on October 30 that it achieved revenue of 0.138 billion yuan in the first three quarters of 2024, a 59.80% year-on-year decrease; net income attributable to shareholders of the listed company was -16.7136 million yuan, with a basic earnings per share of -0.06 yuan.
