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Xiangyuan Cultural Tourism Holdings' subsidiary Xiangyuan General Aviation completes capital increase and equity expansion, introducing strategic investors such as Zero Gravity
Ruisi Network News: On March 10, Zhejiang Xiangyuan Cultural Tourism Co., Ltd. announced that its controlling subsidiary, Xiangyuan General Aviation Aviation Development (Shanghai) Co., Ltd., has completed a capital increase and share expansion, introducing Zero Gravity Aircraft Industry (Hefei) Co., Ltd., Xiangyuan Holding Group Co., Ltd., and individual Liu Jiangtao as strategic investors. The capital increase of 6.666667 million RMB was subscribed by Zero Gravity with 10 million RMB, with Xiangyuan Cultural Tourism waiving its preemptive rights, reducing its ownership stake to 70.5883%. The registered capital of Xiangyuan General Aviation has increased to 56.666667 million RMB. After the capital increase, Xiangyuan General Aviation remains a controlled subsidiary of Xiangyuan Cultural Tourism, and the business registration change has been completed.