Shanghai Turbo Enterprises (SGX:AWM) invested another 500,000 yuan in wholly owned subsidiary, 3D New Power Technology, according to a filing with the Singapore Exchange on Wednesday.
This marked the company's sixth phase of capital injection, bringing the total amount of investment to 23.5 million yuan.
The investment is based on the company's operational and development requirements.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.