Shangfeng Cement intends to increase the capital of its wholly-owned subsidiary by 400 million yuan.

2024-09-14 14:18:38

In order to further improve and optimize the financial structure of Ningbo Shangrong Logistics Co., Ltd. and promote sustainable development, the capital source of this capital increase is the company's own funds, which will not adversely affect the company's financial and operating conditions, and will not damage the interests of the company and its shareholders.

Shangfeng Cement announced in the evening of September 13 that the company intends to increase its capital by 400 million yuan to Shangrong Logistics, a wholly-owned subsidiary, with its own capital. The registered capital of Shangrong Logistics will be increased from 30 million yuan to 430 million yuan.

In order to further improve and optimize the financial structure of Ningbo Shangrong Logistics Co., Ltd. and promote sustainable development, the capital source of this capital increase is the company's own funds, which will not adversely affect the company's financial and operating conditions, and will not damage the interests of the company and its shareholders.

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In order to further improve and optimize the financial structure of Ningbo Shangrong Logistics Co., Ltd. and promote sustainable development, the capital source of this capital increase is the company's own funds, which will not adversely affect the company's financial and operating conditions, and will not damage the interests of the company and its shareholders.

2024-09-14 14:18:38

As far as cement enterprises are concerned, this is a window period of transformation that requires strategic determination-not to lie flat in the illusion of policy dividends, nor to sink into the anxiety of overcapacity, but to accurately meet the real needs of urban renewal, and to find their own new coordinates in the era of stock competition with the triple initiative of product innovation, structural adjustment and market layout.