According to the Zhitong Finance App, COSCO Haineng (01138) announced that COSCO SHIPPING, the holding subsidiary of the company, increased its wholly-owned subsidiary Huahai Company's capital by about 243 million yuan in cash. The capital source was the company's own capital to optimize Huahai's capital structure, guarantee payment of subsequent construction funds for new shipbuilding and supplement working capital, and further enhance market competitiveness.

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