Announcement of Shuangle shares, the company intends to increase the capital of its wholly-owned subsidiary, Shuangle Pigment Taixing City Co., Ltd., by 0.4 billion yuan. After the increase, Shuangle Taixing's registered capital will increase from 0.6 billion yuan to 1 billion yuan, and the company will still hold 100% of its equity. This capital increase aims to meet the daily operational development needs of the subsidiary, strengthen financial strength, improve operational capabilities and industry competitiveness. The source of the capital increase is from the company's own funds, not constituting a related party transaction or a major asset restructuring, and requires approval at a shareholder meeting.
Shuangle shares: Intends to increase the capital of its wholly-owned subsidiary by 0.4 billion yuan.
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