Zhitong Finance App News, Kent Catalyst (603120.SH) announced that in order to meet the business development needs of the subsidiary, the company plans to increase its capital by 20 million yuan in cash to its wholly-owned subsidiary Zhejiang Kent Catalytic Materials Technology Co., Ltd. (“Kent Technology” for short). After the capital increase, Kent Technology's registered capital increased from 10 million yuan to 30 million yuan, and the company still holds 100.00% of Kent Technology's shares.

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