Dec 08, 2021 09:09 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 8 - Longbai group announced that the wholly-owned subsidiary of the company, baillian Hong Kong, invested 70 million yuan to establish Shandong Longbai titanium industry, with a shareholding ratio of 100%. In order to further strengthen the financial strength of the subsidiary, Bailian Hong Kong plans to increase the capital of Shandong Longbai titanium industry by 130 million yuan. After the capital increase, the registered capital of Shandong Longbai titanium industry will increase from RMB 70 million to RMB 200 million.

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