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Fangda Carbon announced that the company agreed with all partners to withdraw from the Nanchang Huxu Steel Industry Investment Partnership through capital cuts. The company's previous pledged and paid-in investment in this M&A fund was 4.5 billion yuan. On July 21, 2026, the company received a capital reduction of 4.5 billion yuan and a profit distribution of 5.0979 million yuan for the period. This targeted capital reduction will help the company optimize capital allocation, reduce management costs, and will not adversely affect the company.
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Fangda Carbon announced that the company agreed with all partners to withdraw from the Nanchang Huxu Steel Industry Investment Partnership through capital cuts. The company's previous pledged and paid-in investment in this M&A fund was 4.5 billion yuan. On July 21, 2026, the company received a capital reduction of 4.5 billion yuan and a profit distribution of 5.0979 million yuan for the period. This targeted capital reduction will help the company optimize capital allocation, reduce management costs, and will not adversely affect the company.
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