-+ 0.00%
-+ 0.00%
-+ 0.00%
Huaying Agriculture (002321.SZ) plans to increase Heze Huaying's capital by 140 million yuan through debt-for-equity swaps
Share
Listen to the news

According to the Zhitong Finance App, Huaying Agriculture (002321.SZ) announced that in order to optimize the balance and liability structure of its wholly-owned subsidiary Heze Huaying Poultry Co., Ltd. (hereinafter referred to as “Heze Huaying”), the company plans to increase the capital of Heze Huaying by 140 million yuan through debt-for-equity swaps. Heze Huaying is an important implementing entity in the company's foreign port duck processing sector, and is also an important implementing entity for the company's export of poultry products to the European Union. Through this capital increase, Heze Huaying's balance ratio has declined accordingly, and the asset structure has been further optimized, which will help the steady progress of Heze Huaying's various businesses.

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.
What's Trending