Shenzhen Cereals Holdings announced that the company will hold a Board of Directors meeting on December 30, 2024, to approve the capital increase to its wholly-owned subsidiaries, Shenzhen Beig Kitchen Food Supply Chain Co., Ltd. and Shenzhen Hualian Grain and Oil Trading Co., Ltd. Among them, Beig Company will increase capital by 10 million yuan, raising its registered capital from 10 million yuan to 20 million yuan; Hualian Company will increase capital by 0.2 billion yuan, raising its registered capital from 0.1 billion yuan to 0.3 billion yuan. This capital increase will be funded by cash from the company's own funds, aimed at optimizing the subsidiary's asset-liability structure, reducing financial risk, and does not constitute a significant asset reorganization. After the capital increase is completed, both companies will still be wholly-owned secondary subsidiaries of Shenzhen Cereals Holdings.
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深粮控股：向子公司增资2亿元
Shenzhen Cereals Holdings: Increased capital by 0.2 billion yuan to its subsidiary.
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