Gronghui December 10 | Chongqing Department Store (600729.SH) announced that the company held the third meeting of the seventh board of directors to consider and pass the "motion on increasing the registered capital of Chongqing Merchant property Management Co., Ltd."
Due to the needs of business development, the company decided to agree to Chongqing Shang she Zhongtian property Development Co., Ltd. to increase the capital of Chongqing Shang she property Management Co., Ltd. with a physical contribution of 7.92 million yuan to Chongqing Shang she Hui Phase II garage. After the capital increase, the registered capital of Chongqing Merchant property Management Co., Ltd. increased to 10.92 million yuan, and Zhongtian property Development Co., Ltd. held a 100% stake.