Xingda International Holdings Announces Capital Reduction Agreements Totaling RMB151.62 Million

Reuters

Jun 25

Xingda International Holdings Announces Capital Reduction Agreements Totaling RMB151.62 Million

Xingda International Holdings Limited has announced a capital reduction involving its Target Company. The registered capital will decrease from approximately RMB2,862.26 million to RMB2,710.64 million. The reduction is a result of agreements with several groups, including Chengshan Group and Dongying Rongju, among others. Despite the reduction, the Target Company will remain a subsidiary of Xingda International Holdings Limited.

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. Xingda International Holdings Limited published the original content used to generate this news brief on June 25, 2025, and is solely responsible for the information contained therein.

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Despite the reduction, the Target Company will remain a subsidiary of Xingda International Holdings Limited.\n      \n\nDisclaimer: 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. Xingda International Holdings Limited published the original content used to generate this news brief on June 25, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}