Zhiguang Electric: it plans to add 300million yuan to Lingnan cable
Zhiguang electric announced that the company held the 8th meeting of the 6th board of directors on June 27, 2022, and reviewed and passed the proposal on capital increase of Guangzhou Lingnan Cable Co., Ltd. It is agreed that the company plans to increase its capital by 300million yuan through its own or self raised funds. After the capital increase, the company directly holds 99.5804% equity of Lingnan cable and 0.4196% equity of Lingnan cable through its wholly-owned subsidiary Guangdong Zhiguang Power Investment Co., Ltd.
This text is a result of machine translation.
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