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Taijia Co., Ltd.: Plans to use self-owned funds or self-raised funds not exceeding RMB 50 million to increase capital in its wholly-owned subsidiary Hong Kong Taijia
Taijia Co., Ltd. announced that the company plans to use its own funds or self-raised funds not exceeding 50 million RMB to increase capital in its wholly-owned subsidiary Hong Kong Taijia.
After the capital increase, the company’s total investment in the Thai subsidiary will be raised from no more than 100 million RMB to no more than 150 million RMB.
This capital increase aims to meet the needs of the Thai production base construction, deepen the overseas business strategic layout, and help the company expand its overseas business scale, optimize capacity layout and product structure, improve the global supply chain, and enhance the company’s global competitiveness.