Nov 05, 2021 03:57 PM (GMT+8) · EqualOcean
Financial Associated Press, November 5 - Taoli bread announced that the company held the 30th meeting of the Fifth Board of directors on November 5, 2021, considered and adopted the proposal on capital increase to a wholly-owned subsidiary, and agreed that the company would increase the capital of Fuzhou Taoli, a wholly-owned subsidiary, with RMB 28 million. After the capital increase is completed, The registered capital of Fuzhou Taoli bread Co., Ltd. will increase from RMB 4 million to RMB 32 million, and Taoli bread Co., Ltd. accounts for 100% of the total share capital; It is agreed that the company will increase the capital of Xiamen Taoli, a wholly-owned subsidiary, by RMB 27 million. After the capital increase, the registered capital of Xiamen Taoli will increase from RMB 4 million to RMB 31 million, and Taoli bread Co., Ltd. accounts for 100% of the total share capital.