Hangzhou Oxygen Plant Group (002430) announced on the evening of September 10 that its wholly-owned subsidiary Tengzhou Hangzhou Oxygen has signed an Industrial Gas Supply Contract with Lianhong Chemical. Tengzhou Hangzhou Oxygen will be responsible for investing in a new 76,700 Nm³/h air separation unit to provide Lianhong Chemical with the industrial gas products and services it needs. The contract is valid for 20 years. In order to ensure the smooth progress of this project, the company will increase the capital of Tengzhou Hangzhou Oxygen by 0.15 billion yuan using its own funds. After the capital increase, the registered capital of Tengzhou Hangzhou Oxygen will increase from 20 million yuan to 0.17 billion yuan, and Tengzhou Hangzhou Oxygen will remain a wholly-owned subsidiary of the company.
杭氧股份：拟1.5亿元增资全资子公司滕州杭氧
Hangzhou Oxygen Plant Group: plans to increase the capital of its wholly-owned subsidiary Tengzhou Hangzhou Oxygen by 0.15 billion yuan.
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