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Changan Automobile Calls Off 3 Billion Yuan Capital Boost for Changan Technology, Steps Up Market-Driven Fundraising Amid Intelligence Sector's Outperformance
16 hour ago /
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Author：小编
On July 30, Changan Automobile (000625.SZ) convened the 61st session of its ninth board of directors. During this meeting, the board deliberated and sanctioned the proposal to halt the capital injection and share dilution of its fully-owned subsidiary, along with the capital augmentation for the same. The company has opted to discontinue the initial scheme, which entailed a combined investment of 3 billion yuan from China Changan Automobile Group and Chenzhi Group to partake in the capital increase and share expansion of Changan Technology. Instead, it intends to embark on a fresh round of market-oriented fundraising at the earliest opportunity.
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