Zhitong Finance App News, China Hongguang (08646.HK) issued an announcement. The board of directors of China Hongguang Holdings Limited (the Company, together with its subsidiaries, collectively referred to as the Group) proposed increasing the Company's authorized share capital from HK$10 million (divided into 1 billion shares of the Company with a face value of HK$0.01 per share) to HK$20 million (divided into 2 billion shares) by adding an additional 1 billion shares. Once these shares are allotted and issued, they will enjoy the same status as existing shares in all aspects (increase the authorized share capital).

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