Shandong Weida Machinery announced that the company plans to use 33.339 million yuan and interest to increase the capital of its wholly-owned subsidiary, shanghai Bailing Electric Co., Ltd., for the payment of the remaining project balance of the fundraising project. This capital increase does not constitute a related party transaction, nor does it constitute a major assets restructuring.
山东威达：拟使用3333.90万元及利息增资上海拜骋电器
Shandong Weida Machinery: Planning to use 33.339 million yuan and interest to increase capital of Shanghai Baicheng Electric
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.