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Heze Salt Industry, a holding subsidiary of Luyin Investment (600784.SH), plans to increase capital and expand shares to introduce strategic investors
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Zhitong Finance App News, Lu Yin Investment (600784.SH) announced that Luyin (Heze) Salt Co., Ltd. (“Heze Salt”), the holding subsidiary of the company, plans to increase capital and expand shares through public listing, introducing a strategic investor on merit, with a capital increase of not less than 333 million yuan. The company and Heze Mining Resources Group Co., Ltd. and Heze Danzhou Industrial Development Group Co., Ltd. and Heze Danzhou Industrial Development Group Co., Ltd. all waive their priority subscription rights for this capital increase. After the completion of this capital increase and share expansion, Heze Salt Industry is still a holding subsidiary of the company.

This capital increase and stock expansion will introduce strategic investors in the chemical industry on merit, which is conducive to promoting the company's extension of the salt industry chain, further improving the industrial layout, and in line with the company's future development strategy.

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