Shanghai Golden Bridge InfoTech Gets Amended Business License After Trimming Registered Capital; Shares Down 5%

MT Newswires Live
20 Jun

Shanghai Golden Bridge InfoTech (SHA:603918) obtained its amended business license from the Shanghai Municipal Administration for Market Regulation after reducing its registered capital, according to a Shanghai bourse filing on Friday.

The Chinese multimedia application services provider's registered capital decreased to 365.4 million yuan from 366.5 million yuan after cancelling 1,121,100 repurchased shares.

The company's shares slumped less than 5% in recent trade.

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