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亿华通:拟与丰田汽车共同向合营公司华丰燃料增资19亿日元

Yihuatong: Plans to increase capital of joint venture Huafeng Fuel by 1.9 billion yen with Toyota Motor

Breakings ·  05:35

Yihuatong announced that the company and Toyota Motor will jointly increase capital to the joint venture Huafeng Fuel Cell Co., Ltd. by a total of 1.9 billion yen (approximately RMB 89.6135 million), of which the company plans to increase capital by 0.95 billion yen (approximately RMB 44.8068 million). After the capital increase is completed, Huafeng Fuel's registered capital will increase from 4.5 billion yen to 6.4 billion yen (approximately RMB 301.856 million). The company's shareholding ratio in Huafeng Fuel is still 50%, and Huafeng Fuel is still a joint venture company jointly controlled by the company and Toyota Motor Corporation. This capital increase constitutes a related transaction, but it does not constitute a major asset restructuring. The board of directors has reviewed and passed the bill, and the relevant directors have avoided voting, and there is no need to submit it to the shareholders' meeting for consideration. There is a risk that both parties to the joint venture have not paid the capital increase and exchange rate fluctuations in this transaction.

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