Huamin Corp: Controlling subsidiary to increase capital and expand shares Jin'ao Wuxi to increase capital by 200 million yuan
HuaMin Corporation Announcement: The company's holding subsidiary Hongxin New Energy will increase its capital and expand its shares. Jinko Wuxi will increase its capital by 200 million yuan through debt-to-equity conversion. After the capital increase, the registered capital of Hongxin New Energy will increase to 707 million yuan, and HuaMin Corporation's shareholding in Hongxin New Energy will change to 73.74%.
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