German investment and production service provider (02270.HK) subsidiary Green Real Estate intends to increase capital to Chengdu Bangtai Jincheng Real Estate.

date
24/09/2025
Smart Financial News APP, German commercial investment service (02270.HK) announced that on September 24, 2025, the company's indirect wholly-owned subsidiary Green Realty and Bangtai Yueshang entered into a capital increase agreement. Green Realty will use cash to subscribe to the increased registered capital of Chengdu Bangtai Jincheng Real Estate, an affiliate company, with a total amount of RMB 10 million, at a subscription price of RMB 10 million. After the capital increase is completed, the registered capital of the target company will increase from RMB 10 million to RMB 20 million; Green Realty and Bangtai Yueshang will each hold 50% of the target company's equity. As of the date of this announcement, the target company is wholly owned by Bangtai Yueshang. After the capital increase is completed, the target company will not become a subsidiary of the company, and its financial performance will not be consolidated into the company's financial statements.