Technology, Financials Dec 22, 2021 08:19 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 22 - Donghua Energy announced that Ningbo new materials, a wholly-owned subsidiary of the company, plans to introduce ABC investment plan, BOCOM investment and CCB investment to increase capital by 800 million yuan, 700 million yuan and 500 million yuan in cash respectively. The capital increase funds are mainly used to repay the creditor's rights formed by the bank's loans, and other types of creditor's rights shall be given due consideration.