Breton Technology Co., Ltd. Announces New Shareholder Agreement with Capital Increase for Subsidiary

Reuters

06-04

Breton Technology Co., Ltd. Announces New Shareholder Agreement with Capital Increase for Subsidiary

Breton Technology Co., Ltd., a joint stock company established in the People's Republic of China, announced on June 4, 2025, that it has entered into a Capital Increase Agreement. The agreement involves the company's wholly-owned subsidiary, Shanghai Baipin, and Shanghai Yijin Investment Co., Ltd. As part of the agreement, Shanghai Yijin will contribute RMB20 million to Shanghai Baipin, increasing its registered capital from RMB40 million to RMB60 million. This transaction is categorized as a connected transaction under the Listing Rules of The Stock Exchange of Hong Kong Limited but is exempt from independent shareholders' approval requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Breton Technology Co, Ltd. published the original content used to generate this news brief on June 04, 2025, and is solely responsible for the information contained therein.

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Announces New Shareholder Agreement with Capital Increase for Subsidiary","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Breton Technology Co., Ltd. Announces New Shareholder Agreement with Capital Increase for Subsidiary\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Breton Technology Co., Ltd., a joint stock company established in the People's Republic of China, announced on June 4, 2025, that it has entered into a Capital Increase Agreement. The agreement involves the company's wholly-owned subsidiary, Shanghai Baipin, and Shanghai Yijin Investment Co., Ltd. As part of the agreement, Shanghai Yijin will contribute RMB20 million to Shanghai Baipin, increasing its registered capital from RMB40 million to RMB60 million. 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Announces New Shareholder Agreement with Capital Increase for Subsidiary\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-04 21:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Breton Technology Co., Ltd. Announces New Shareholder Agreement with Capital Increase for Subsidiary\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Breton Technology Co., Ltd., a joint stock company established in the People's Republic of China, announced on June 4, 2025, that it has entered into a Capital Increase Agreement. The agreement involves the company's wholly-owned subsidiary, Shanghai Baipin, and Shanghai Yijin Investment Co., Ltd. As part of the agreement, Shanghai Yijin will contribute RMB20 million to Shanghai Baipin, increasing its registered capital from RMB40 million to RMB60 million. 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Breton Technology Co, Ltd. published the original content used to generate this news brief on June 04, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250604:nNDL91PS7c:1","article_id":"2540061802","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540061802","pubTimestamp":1749044851,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Breton Technology Co., Ltd., a joint stock company established in the People's Republic of China, announced on June 4, 2025, that it has entered into a Capital Increase Agreement. 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