Nanhua Futures Plans 150 Million Yuan Capital Boost for Wholly Owned Subsidiary

Stock News
09/22

Nanhua Futures Co.,Ltd. (SH: 603093) has announced plans to inject 150 million yuan in cash into its wholly owned subsidiary, Zhejiang Nanhua Capital Management Co., Ltd. (referred to as "Nanhua Capital"), to support the subsidiary's operational growth requirements.

Following the capital increase, Nanhua Capital's registered capital will rise from 600 million yuan to 750 million yuan. The company's equity stake in Nanhua Capital will remain unchanged at 100.00%.

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