Gelonghui Co., Ltd. (600827.SH) announced on November 24, Bailian Co., Ltd. () announced that the 28th meeting of the 9th board of directors of the company held on November 24, 2023 deliberated and passed the “Proposal on Capital Increase in Shanghai Bailian Shopping Center Co., Ltd.”. According to the company's strategic development goals and business needs, it is proposed to use Shanghai Bailian Shopping Center Co., Ltd. (hereinafter referred to as “Baipao”), a wholly-owned subsidiary of the company, as the company's second-tier platform investment company, so it plans to increase its capital by 2 billion yuan in Baipao.
百联股份(600827.SH)：拟对百购增资20亿元
Bailian Co., Ltd. (600827.SH): Plans to increase capital of Baibao by 2 billion yuan
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