Soutali: Using 35 million yuan of own funds to increase investment in Jianli Chemical

Sitali Announcement, the company plans to use 35 million yuan of its own funds to increase capital in Zhejiang Jianli Chemical Co., Ltd., acquiring a 3.4483% stake after the capital increase. The related parties Hong Kong Beilin Group Limited, Hu Jian, and two other independent investors plan to acquire 1.9704%, 0.9852%, 5.9113%, and 3.9409% of the equity after the capital increase respectively. After this round of capital increase is completed, the company will hold a total of 19.5271% of Jianli Chemical’s equity.

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