Chongqing Deepal Automobile Secures RMB 6.122 Billion in Capital Increase, with Yufu Group and CMB Investment Joining In
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Author:小编   

On December 25, Changan Automobile released an announcement revealing that its majority-owned subsidiary, Chongqing Deepal Automobile, had successfully completed a capital increase and share expansion initiative, raising a grand total of RMB 6.122 billion. This financial boost was achieved through the introduction of two new investors: Chongqing Yufu Holding Group Co., Ltd. and CMB Financial Asset Investment Co., Ltd. In tandem with this move, Changan Automobile itself contributed RMB 2.079 billion in funds, along with intangible assets valued at RMB 1.043 billion. Following the capital increase, Changan Automobile retained its controlling interest in the subsidiary, holding a 50.9959% stake.