Zhitong Finance App News, Jingda Co., Ltd. (600577.SH) issued an announcement. In order to meet the business development needs of the subsidiary, the company plans to increase capital by 220 million yuan in cash to its wholly-owned subsidiary Tongling Jingda Enameled Wire Co., Ltd. (“Tongling Jingda” for short). After the capital increase, the registered capital of Tongling Jingda increased from 400 million yuan to 620 million yuan, and the company still holds 100% of Tongling Jingda's shares.

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