JiangSu Zhenjiang New Energy Equipment Boosts Investment in Hong Kong Unit

MT Newswires Live

Oct 01, 2024

JiangSu Zhenjiang New Energy Equipment (SHA:603507) plans to increase its investment in subsidiary Zhenjiang (Hong Kong) by $13.5 million, according to a Tuesday filing with the Shanghai Stock Exchange.

Once completed, the registered capital of Zhenjiang (Hong Kong) will rise to $21 million, the filing said.

Zhenjiang (Hong Kong) will remain a subsidiary of JiangSu Zhenjiang New Energy Equipment, a manufacturer of steel structural parts for energy power generation equipment.

Price (RMB): Â¥24.80, Change: Â¥+2.2, Percent Change: +9.59%

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