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China Nuclear Titanium Dioxide: plans to increase capital of 780 million yuan in Oriental Titanium

 Last Update: 2021-04-27
 Source: Internet
 Author: User

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CNNC Titanium Dioxide (002145) announced on the evening of March 23 that, in order to expand the business of Gansu Oriental Titanium Co.
, Ltd.
, a wholly-owned subsidiary of CNNC Huayuan Titanium Dioxide Co.
, Ltd.
, the company plans to invest in cash to its wholly-owned subsidiary Gansu Oriental Titanium.
Industry Co.
, Ltd.
increased its capital by RMB 780 million.
After the capital increase is completed, the registered capital of Oriental Titanium will increase from RMB 800 million to RMB 1.
58 billion, and the company directly holds 100% of its equity.

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