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Aug 20, 2021 07:43 PM (GMT+8) · EqualOcean
Financial Associated Press, August 20 - Shenkai Co., Ltd. announced that the company held the sixth meeting of the Fourth Board of directors on August 19, 2021. The meeting considered and adopted the proposal on capital increase of Shanghai Shenkai Petroleum Measurement and Control Technology Co., Ltd., a wholly-owned subsidiary, The board of directors agreed that the company would increase its wholly-owned subsidiary Shanghai Shenkai Petroleum Measurement and Control Technology Co., Ltd. ("Shenkai measurement and control") with its own capital of 50 million yuan.