Zhitong Finance App News, Tongqing Building (605108.SH) issued an announcement. In order to enhance the capital strength of its wholly-owned subsidiary Hefei Fukai Hotel Management Co., Ltd. (“Hefei Fukai”) and optimize its capital structure, the company plans to increase its investment in Hefei Fukai by 100 million yuan through monetary investment, all included in the Hefei Fukai Capital Reserve without increasing its registered capital. After the capital increase was completed, Hefei Fukai's registered capital is still 60 million yuan, and it is still a wholly-owned subsidiary of the company.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.