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Dayuan Pump Industry (603757.SH) plans to increase the capital of its subsidiary Anhui Xinhu by 277 million yuan
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Zhitong Finance App News, Dayuan Pump (603757.SH) announced that the company plans to increase the registered capital of its wholly-owned subsidiary Anhui Xinhu Shielding Pump Co., Ltd. (“Anhui Xinhu”) by 277 million yuan. After increasing the registered capital, the registered capital of Anhui Xinhu will increase from 100 million yuan to 377 million yuan, and the company still holds 100% of its shares. This capital increase is based on the needs of overseas business development in Shanghai, Anhui, and aims to enhance the influence and competitiveness of subsidiaries on clients and promote business development.

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