Dec 27, 2021 05:20 PM (GMT+8) · EqualOcean
Cailian, Dec. 27 (Xinhua) -- Jiangsu Shuntian announced that the company would convert the creditor's rights of 73.4721 million yuan from its wholly-owned subsidiary Jintan garment making into the long-term equity investment capital of Jintan garment making at the price of 1 yuan / registered capital, forming the registered capital, increasing its registered capital from 39.1174 million yuan to 113 million yuan. After the capital increase, the company's shareholding ratio in Jintan garment remains unchanged, and Jintan garment is still a wholly-owned subsidiary of the company.