CNNC Hua Yuan Titanium Dioxide to invest RMB780 million in Dongfang Titanium
2021-03-24 16:55:52 [Print]
CNNC Hua Yuan Titanium Dioxide issued that in order to expand the business of the company's wholly-owned subsidiary Gansu Dongfang Titanium Co
After the investment is completed, the registered capital of Dongfang Titanium will increase from RMB800 million (USD123 million) to RMB1.58 billion (USD0 . 24 million), and the company will directly holds 100% of its equity.
. , Ltd . , the company's board of directors agreed to increase RMB780 million (USD120 million) in cash in the subsidiary.After the investment is completed, the registered capital of Dongfang Titanium will increase from RMB800 million (USD123 million) to RMB1.58 billion (USD0 . 24 million), and the company will directly holds 100% of its equity.