Shanghai Changning State-Owned Assets Management and Investment Company's capital increase to 354 million, an increase of about 130%.

Tianyancha's business information shows that recently, Shanghai Changning State-owned Assets Operation and Investment Co., Ltd. underwent a business change, with its registered capital increasing from approximately 154 million RMB to approximately 354 million RMB, an increase of about 130%. The company was established in June 2009, with Xie Ke as its legal representative. Its business scope includes state-owned asset management, capital operation, industrial investment, asset acquisition, packaging and transfer, enterprise and asset management, debt restructuring, etc. Shareholder information shows that the company is wholly owned by the State-owned Assets Supervision and Administration Commission of Changning District, Shanghai.