According to the Zhitong Finance App, Cangzhou Pearl (002108.SZ) announced that the company plans to increase the registered capital of 500 million yuan to its wholly-owned subsidiary Cangzhou Pearl Lithium Battery Diaphragm Co., Ltd. (“Pearl Lithium Battery”) through its wholly-owned subsidiary. After receiving the capital injection, Pearl Lithium Battery Company will use Cangzhou Pearl Hechuang Lithium Battery Diaphragm Co., Ltd., the implementing company of the Cangzhou Wet Membrane Phase II project, to carry out project construction, which will help the project to proceed smoothly.

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