Dingtong Technology (688668.SH) plans to increase the capital of its Malaysian subsidiary by 2 million US dollars.

date
14/05/2025
Wisdom Financial News App, Dingtong Technology (688668.SH) announced that, due to the business development needs of its subsidiary in Malaysia, on May 14, 2025, the company held the 11th meeting of the third board of directors and the 9th meeting of the third board of supervisors. The "Proposal on Additional Investment in Overseas Wholly-owned Subsidiaries" was reviewed and approved, agreeing that the company will make additional investments in DINGTONG PRECISION (MALAYSIA) SDN. BHD. using its own funds. The total amount of this investment is $2 million (to be invested in batches according to project progress). At the same time, the board of directors is requested to authorize the chairman or the person authorized by the chairman to handle this investment.