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亚钾国际(000893.SZ):中农国际拟向中农香港增资1.201亿美元、夯实进一步扩建老挝钾肥项目的基础

Asia Potash International (000893.SZ): Sino-Agri International plans to increase the capital of Sino-Agri Hong Kong by US$1201 million to consolidate the foundation for further expansion of the potash fertilizer project in Laos

Gelonghui Finance ·  Jun 27, 2022 18:10

Gelonghui, June 27丨Asia Potassium International (000893.SZ) announced that China Agricultural International, a wholly-owned subsidiary of the company, plans to increase the capital of its wholly-owned subsidiary, Zhongnong Mining Investment Co., Ltd. (“Zhongnong Hong Kong”), to an increase of US$1201 million. The funding source is RMB 840 million for the listed companies' capital increase to Zhongnong International from 2020 to 2021. Simultaneously, China Agricultural Hong Kong increased the capital of its subsidiary.

This capital increase is in line with the company's long-term development strategy, consolidates the company's foundation for further expanding the potash fertilizer project in Laos, and is conducive to enhancing the company's core competitiveness and profit level.

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