The announcement of the Western Region Tourism, the 22nd meeting of the sixth session of the board of directors of the company passed the resolution on the proposal to increase capital to the holding subsidiary West Domain Culture and Tourism. In order to optimize the capital structure of West Domain Culture and Tourism and increase its financing capacity, the company and Kashgar Ancient City Tourism agreed to increase the capital of West Domain Culture and Tourism in cash. After the capital increase, the registered capital of West Domain Culture and Tourism will be changed from 5 million yuan to 66 million yuan, and the company's equity in West Domain Culture and Tourism will be changed from 80% before the capital increase to 90%, still a subsidiary controlled by the company.
西域旅游：拟对控股子公司西域文旅增资
Western Region Tourism: plans to increase capital to its holding subsidiary, Western Region Culture and Tourism.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.