DeMei Chemical Co., Ltd. (002054.SZ) plans to increase its capital to its holding subsidiary DeRong Chemical Co., Ltd. by 100 million yuan.

Zhixin Finance APP news, DeMei Chemical (002054.SZ) announced that the company plans to use its own funds to increase the capital of its subsidiary Zhejiang Derong Chemical Co., Ltd. ("Derong Chemical") by 100 million RMB. Another shareholder of Derong Chemical, Zhejiang Petrochemical Co., Ltd. ("Zhejiang Petrochemical"), will also increase its capital by 100 million RMB in proportion to its shareholding.