Tianma Technology (603668. SH) Hualong Group plans to increase capital of its holding subsidiary with 160 million yuan
Time: 2023-09-07 21:05:03    Source: The interface has Lianyun   
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On September 7, 2023, Tianma Science and Technology (603668. SH) announced that Fujian Hualong Group Feed Co., Ltd. (hereinafter referred to as "Hualong Group"), a holding subsidiary of the company, plans to increase the capital of its holding subsidiary Fujian Hualong Biotechnology Group Co., Ltd. (hereinafter referred to as "Hualong Biotechnology") by 160 million yuan with its own funds based on the company's strategic layout of the whole industrial chain and business development needs.

At present, Hualong Group holds 53.20% equity of Hualong Biology, and the shareholder Fujian Zhaoyu Feed Co., Ltd. (hereinafter referred to as "Zhaoyu Feed") holds 46.80% equity of Hualong Biology. Zhaoyu Feed agreed to the capital increase but did not participate in the capital increase, and has issued the Statement on Giving up the Right of First Refusal. After the completion of this capital increase, the registered capital of Hualong Biology will increase from 140 million yuan to 300 million yuan. Hualong Group will hold 78.16% equity of Hualong Biology, and Zhaoyu Feed will hold 21.84% equity of Hualong Biology.

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