Shaanxi Heimao: plans to increase the capital of its wholly-owned subsidiary Xinjiang Heimao Coal Industry by 600 million yuan
Shaanxi Heimao announced that the company plans to increase the registered capital of Xinjiang Heimao Coal Industry to 700 million yuan with its own funds or self-raised funds, to be fully paid within five years. Xinjiang Heimao Coal Industry is a wholly-owned subsidiary of the company established in Xinjiang, mainly responsible for the company's coal business in Xinjiang. This capital increase will enhance the capital strength of Xinjiang Heimao Coal Industry, which is beneficial for its future development and investment in ongoing projects.
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