Consumer Staples, Technology Dec 01, 2021 09:48 PM (GMT+8) · EqualOcean
AP, Dec. 1, Panjiang announced that in order to reduce the debt scale of Songhe coal industry and reduce the financial burden, the existing shareholders of Songhe coal industry plan to increase the registered capital in the same proportion, totaling 735 million yuan. Starting from its own development strategy, the company plans to increase the investment of 257 million yuan in Songhe coal industry according to the proportion of equity held. After the capital increase, the company still holds 35% equity of Songhe coal industry.
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