Shanghai Shenda Completes Raising Subsidiary's Capital By $200 Million

MT Newswires Live

2025/01/08

Shanghai Shenda (SHA:600626) completed increasing the capital of subsidiary Auria Solutions to raise the capital of other international subsidiaries, according to a Shanghai Stock Exchange disclosure on Wednesday.

The Chinese textile manufacturer raised Auria's capital through wholly-owned subsidiaries Shanghai Shenda Investment and Shenda Investment UK by $200 million.

The amount was passed on to the capital of four other subsidiaries, Auria Solutions USA, Mexauria Solutions S. de R.L. de C.V., Auria Solutions Slovakia, and Germany's Auria Solutions.

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