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Biao Chemical Injects 100 Million Yuan into Xinhuilianxin to Boost Capital
2025-01-25 /
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Author：小编
On January 24, Biao Chemical announced that its wholly-owned subsidiary, Shanghai Xin'ao Hua Technology Co., Ltd., had entered into a capital increase agreement with Liu Hongjun, the actual controller of Xinhuilianxin (Suzhou) Technology Co., Ltd., as well as with existing shareholders and other investors. Pursuant to the agreement, Xin'ao Hua will invest an additional 100 million yuan into Xinhuilianxin, and following the capital injection, Xin'ao Hua will hold a 10.4822% equity stake in Xinhuilianxin.
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